What does a steep decline in the line graph for Product B in December suggest?

Practice Questions

Q1
What does a steep decline in the line graph for Product B in December suggest?
  1. End of season sales
  2. Increased competition
  3. Consumer dissatisfaction
  4. All of the above

Questions & Step-by-Step Solutions

What does a steep decline in the line graph for Product B in December suggest?
  • Step 1: Look at the line graph for Product B and find the month of December.
  • Step 2: Notice that the line goes down steeply in December.
  • Step 3: Understand that a steep decline means that sales or interest in Product B dropped significantly.
  • Step 4: Think about possible reasons for this drop, such as: 1) End of season sales might have led to fewer purchases, 2) New competitors could be offering better products, or 3) Customers might not be happy with Product B anymore.
  • Step 5: Conclude that the steep decline suggests something negative is happening with Product B in December.
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