The Trend Analysis Report of Doppler Ltd Is Given Below

question 111

Multiple Choice

The trend analysis report of Doppler Ltd is given below: $\begin{array}{|l|l|l|l|l|l|}\hline\text { (in millions) } & 2020 & 2019 & 2018 & 2017 & 2016 \\\hline \text { Profit } & \$ 670 & \$ 602 & \$ 460 & \$ 407 & \$ 402 \\\hline \text { Trend percentages } & 167 & 150 & 114 & 101 & 100\\\hline\end{array}$ Which of the following is a correct conclusion from the above analysis?

• A)Profit for the year 2018 has decreased by 14% over that for the year 2016.
• B)Profit for the year 2018 has increased by 14% over that for the year 2016.
• C)Profit for the year 2018 has decreased by 114% over that for the year 2016.
• D)Profit for the year 2018 has increased by 114% over that for the year 2016.

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Definitions:

Tying Arrangement

A business practice where a seller requires a buyer to purchase another one of the seller's products as a condition of purchasing the desired product.

Exclusive Dealing

An agreement between a supplier and a retailer or distributor in which the retailer agrees to only purchase from that supplier and not from its competitors.

Full-Line Forcing

A business practice where a supplier requires retailers to stock an entire range of products in order to carry any of the supplier's items.

Tying Arrangement

A business practice where the sale of one product (the tying product) is conditioned on the purchase of another product (the tied product).