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What can be inferred if the line graph shows a plateau in sales for Product C af
Practice Questions
Q1
What can be inferred if the line graph shows a plateau in sales for Product C after a period of growth?
Market saturation
Increased marketing efforts
Product improvement
None of the above
Questions & Step-by-Step Solutions
What can be inferred if the line graph shows a plateau in sales for Product C after a period of growth?
Steps
Concepts
Step 1: Look at the line graph and identify the period of growth for Product C.
Step 2: Notice where the line graph levels off and becomes flat; this is the plateau.
Step 3: Understand that a plateau means sales are no longer increasing.
Step 4: Consider what might cause sales to stop growing, such as reaching the maximum number of customers or competition.
Step 5: Conclude that the plateau suggests the market for Product C may be saturated, meaning demand has stabilized.
No concepts available.
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