Which of the following best describes the relationship between Product A and Pro
Practice Questions
Q1
Which of the following best describes the relationship between Product A and Product C as shown in the line graph?
Direct competition
Complementary products
No relationship
Seasonal products
Questions & Step-by-Step Solutions
Which of the following best describes the relationship between Product A and Product C as shown in the line graph?
Step 1: Look at the line graph that shows the sales trends of Product A and Product C over time.
Step 2: Identify the patterns in the sales of both products. Are they increasing, decreasing, or fluctuating?
Step 3: Compare the sales trends of Product A and Product C. Do they move in similar directions? For example, if one product's sales go up, does the other product's sales also go up or down?
Step 4: Determine if the products are likely competing for the same customers. If their sales trends are similar, it suggests they are in competition.
Step 5: Conclude that if Product A and Product C have similar sales trends, they are likely in direct competition within the same market segment.
