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If the line graph shows a sharp increase in sales for Product A in December, wha
Practice Questions
Q1
If the line graph shows a sharp increase in sales for Product A in December, what might this indicate?
Holiday season sales
New product launch
Price reduction
All of the above
Questions & Step-by-Step Solutions
If the line graph shows a sharp increase in sales for Product A in December, what might this indicate?
Steps
Concepts
Step 1: Look at the line graph and notice the sharp increase in sales for Product A in December.
Step 2: Think about what happens in December, like the holiday season and shopping events.
Step 3: Consider that many people buy gifts during the holidays, which could lead to higher sales.
Step 4: Remember that promotions or discounts during this time might also attract more customers.
Step 5: Conclude that the sharp increase in sales could be due to holiday shopping and related factors.
Sales Trends
– Understanding how seasonal factors, such as holidays, can influence sales patterns.
Data Interpretation
– Analyzing graphical data to draw conclusions about consumer behavior.
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