If the line graph indicates a plateau in sales for Product C from August to Octo
Practice Questions
Q1
If the line graph indicates a plateau in sales for Product C from August to October, what does this suggest about consumer behavior?
Increased interest
Saturation of the market
Declining interest
Seasonal buying patterns
Questions & Step-by-Step Solutions
If the line graph indicates a plateau in sales for Product C from August to October, what does this suggest about consumer behavior?
Step 1: Look at the line graph for Product C's sales from August to October.
Step 2: Notice that the sales line is flat, meaning sales are not increasing or decreasing.
Step 3: Understand that a flat line in sales is called a plateau.
Step 4: Think about what a plateau means for consumers: it suggests that many people who want to buy Product C have already bought it.
Step 5: Conclude that the market for Product C may be saturated, meaning there are fewer new customers to buy the product.
Market Saturation – A plateau in sales indicates that the demand for Product C has stabilized, suggesting that most potential customers have already purchased the product.
Consumer Behavior – Understanding consumer behavior during a plateau can reveal insights into customer satisfaction, product lifecycle, and potential market trends.
