Why is a good design for a product important when a firm decides to develop a new product

The first and most important reason for any new development is to provide new value to the customer. ... However, if the product or service offers overwhelming value, then customers will flock to it. This new and increasing value is what keeps companies growing.

Explanation:

if im not wrong, i believe you just $7 on the first year, and then 10% of 77 as so on

the histogram that represents the data with the largest spread is data set b