-The figure above shows the relationship between the price of a dozen roses and the quantity of roses a florist can sell.The relationship between the price and the quantity the florist can sell is
A) positive.
B) negative.
C) nonexistent.
D) linear.
E) cross-sectionally trended.

Question

-The figure above shows the relationship between the price of a dozen roses and the quantity of roses a florist can sell.The relationship between the price and the quantity the florist can sell is
A) positive. 
B) negative. 
C) nonexistent. 
D) linear. 
E) cross-sectionally trended.

Quizplus · Accepted Answer

The relationship between the price and the quantity sold is negative because as the price increases, the quantity of roses a florist can sell decreases, and vice versa. This is a common economic principle known as the law of demand.

-The Figure Above Shows the Relationship Between the Price of a Dozen