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Question 1: Graphing and analysis {3 Marks] Notes: For ports a} and bi of this question, you are to draw on a graph paper. Then,
Question 1: Graphing and analysis {3 Marks] Notes: For ports a} and bi of this question, you are to draw on a graph paper. Then, take a photograph and insert it in to your answer file. Please answer the other parts of the question fr: to e} in your answer file, marking each clearly. Jim is the Chief Executive foicer of a popular cruise with destinations across several countries in Asia. During the period of the Covid-ll":lI pandemic, Jim experimented with different prices and monitored the effects of price changes on cabins sold. The table below presents the relevant data. leer tri P} - \" m $2.5m - a. Plot these data onagraph. {1.5 marks] During the EovidIQ pandemic cruise ships were widely associated with the spread of the disease and many passengers we re trapped on ships for long periods of time. Imagine that the pandemic is over, and cruising has been reintroduced. Jim now observes the following sales gures in the immediate postpandemic period. - -rtri- - :m_ _ --saa- b. Add these data to your grap h and annotate your graph to show what is happening in this case. i 1 . 5 m a rks] c. What price would Jim have to charge to book out to full capacity after the pandemic? {1 mark}
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