Question: IIn the Conference Board study, S8, Substitution % *Sub%) explains what percent of profit margin? A) 37% B) 64% C) 76% D) 84% E) Other

IIn the Conference Board study, S8, Substitution % *Sub%) explains what percent of profit margin?

A) 37% B) 64% C) 76% D) 84% E) Other

45 75 Brand 76 24* 77 25* 78 19 79 18 80 6 81 23 82 17 83 9 84 22 85 15 86 20 87 14 88 21 89 13 90 8 91 7 92 5 93 4 94 12 95 11 96 16 97 10 98 3* 99 2* 100 1* 101 Correlation Sub% Margin% 56 9 57 11 49 15 49 16 17 52 19 49 19 46 19 51 20 48 20 50 21 48 22 51 24 48 24 24 46 25 42 24 40 25 48 30 47 31 49 32 47 32 39 32 37 36 32 42 -0.76 46 Product substitution % and Profit Margin % 45 40 35 30 25 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 Margin % 20 15 10 5 0 25 30 35 50 55 60 40 45 Substitution %

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