The following table shows the relationship between the price of airline tickets from London to New York

Question:

The following table shows the relationship between the price of airline tickets from London to New York and the number of passengers on the flight.

a. Is the relationship between the price of tickets from London to New York and the number of passengers a positive or a negative relationship? Explain.

b. Plot the data from the table on a graph, draw a line through the points, and calculate the slope of the line.

Price per Ticket $ 300 500 800 600 450 Number of Passengers (millions) 120 200 320 240 180 Month June July

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Principles Of Macroeconomics

ISBN: 9781292303826

13th Global Edition

Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster

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Question Posted: Dec 11, 2023 12:39 PM

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The following table shows the relationship between the price of airline tickets from London to New York

Question:

Price per Ticket $ 300 500 800 600 450 Number of Passengers (millions) 120 200 320 240 180 Month June July August September October

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Principles Of Macroeconomics

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