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If the line graph indicates that Product A's sales increased by 50% from Q1 to Q
Practice Questions
Q1
If the line graph indicates that Product A's sales increased by 50% from Q1 to Q2, what does this suggest about consumer behavior?
Decreased interest
Increased demand
Stable market
None of the above
Questions & Step-by-Step Solutions
If the line graph indicates that Product A's sales increased by 50% from Q1 to Q2, what does this suggest about consumer behavior?
Steps
Concepts
Step 1: Look at the line graph that shows Product A's sales over time.
Step 2: Notice that the sales in Q1 are lower than in Q2.
Step 3: Understand that a 50% increase means that many more people bought Product A in Q2 compared to Q1.
Step 4: Think about why more people might want to buy Product A now, such as better marketing, a new feature, or a seasonal trend.
Step 5: Conclude that the increase in sales indicates that consumer demand for Product A has significantly risen.
Sales Increase Interpretation
– Understanding how a percentage increase in sales reflects consumer demand and behavior.
Consumer Demand
– Recognizing that increased sales often indicate higher consumer interest or demand for a product.
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