Given the data in Table 1A.4.2,holding price constant,the graph of the purchases of strawberries,measured on the x-axis and family income,measured on the y-axis is a
A)vertical line.
B)horizontal line.
C)positively sloped line.
D)negatively sloped line.
E)positively or negatively sloped line,depending on the price that is held constant.

Question

Quizplus · Accepted Answer

The graph described would show the relationship between family income and the quantity of strawberries purchased, holding price constant. This suggests that as family income increases, the quantity of strawberries purchased is likely to increase as well, indicating a positive relationship between income and quantity demanded. This is characteristic of a normal good, where demand increases as income increases, hence a positively sloped line.

Given the Data in Table 1A