If the line graph shows a consistent upward trend for Product B, what can be inf

Practice Questions

Q1
If the line graph shows a consistent upward trend for Product B, what can be inferred about consumer behavior?
  1. Decreasing interest in Product B
  2. Increasing consumer confidence
  3. Product B is being discontinued
  4. Product B is facing supply issues

Questions & Step-by-Step Solutions

If the line graph shows a consistent upward trend for Product B, what can be inferred about consumer behavior?
  • Step 1: Look at the line graph for Product B.
  • Step 2: Notice that the line is going up consistently over time.
  • Step 3: Understand that an upward trend means more people are buying Product B.
  • Step 4: Think about why more people might be buying it, like if they trust the product or like it more.
  • Step 5: Conclude that the increasing sales suggest that consumers are becoming more confident in Product B.
  • Trend Analysis – Understanding how trends in data can indicate changes in consumer behavior.
  • Consumer Confidence – The relationship between product performance and consumer perception.
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