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Which choice describes the relationship between the variables shown on the graph?

A.
As the price of tickets increase, the number of ticket sales increases.

B.
As ticket prices increase, the number of sales remains the same.

C.
As ticket prices increase, the number of tickets sold decreases.

D.
No relationship is evident between ticket prices and tickets sold.

1 answer

Without seeing the actual graph, I can help you understand the possible relationships described in the answer choices:

  • A suggests a direct relationship, implying that higher prices lead to more sales, which is typically not the case for most goods.

  • B indicates that ticket sales remain unaffected by changes in price, suggesting a perfectly inelastic demand, which is uncommon.

  • C suggests an inverse relationship, indicating that as ticket prices increase, the number sold decreases, which aligns with typical market behavior for most products.

  • D indicates no clear relationship, suggesting that there isn't a consistent trend.

Given the typical behavior of demand in relation to price, option C is often the correct choice: "As ticket prices increase, the number of tickets sold decreases." However, without the graph, this is speculative. Please analyze the graph to determine which choice accurately reflects the data presented.