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What does the intersection point of the two lines in the graph signify?
Practice Questions
Q1
What does the intersection point of the two lines in the graph signify?
Equal sales
Market saturation
Product launch
End of fiscal year
Questions & Step-by-Step Solutions
What does the intersection point of the two lines in the graph signify?
Steps
Concepts
Step 1: Understand that the graph shows two lines representing the sales of two different products over time.
Step 2: Look for the point where the two lines cross each other; this is called the intersection point.
Step 3: Realize that at the intersection point, the values of both lines are the same.
Step 4: Conclude that the intersection point signifies that the sales of both products were equal at that specific time.
No concepts available.
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