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If the line graph shows a plateau in sales for Product A, what can be inferred a
Practice Questions
Q1
If the line graph shows a plateau in sales for Product A, what can be inferred about its market saturation?
Sales are increasing
Sales are decreasing
Market saturation has been reached
Product A is being replaced
Questions & Step-by-Step Solutions
If the line graph shows a plateau in sales for Product A, what can be inferred about its market saturation?
Steps
Concepts
Step 1: Understand what a plateau means in a line graph. A plateau is a flat section where the line does not rise or fall.
Step 2: Recognize that a plateau in sales means that sales are not increasing over time.
Step 3: Consider what market saturation means. Market saturation occurs when a product has reached its maximum sales potential in a market.
Step 4: Connect the two ideas: If sales are flat (plateau), it suggests that most potential customers have already bought Product A.
Step 5: Conclude that the plateau in sales for Product A indicates that the market may be saturated.
Market Saturation
– Market saturation occurs when a product has reached its maximum sales potential in a given market, leading to a plateau in sales.
Line Graph Interpretation
– Understanding how to interpret trends in line graphs, particularly identifying plateaus and their implications.
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