Use the Figure Below to Answer the Following Questions

question 14

Multiple Choice

Use the figure below to answer the following questions. Figure 1A.2.1
-Refer to Figure 1A.2.1.Which graph or graphs indicates no relationship between x and y?

• A)(a)
• B)(b)
• C)(c)
• D)(c)and (d)
• E)(a)and (b)

---

Definitions:

Inventory Holding Cost

The expenses associated with storing unsold goods, including warehousing, insurance, and spoilage costs.

Yield Management Principles

Strategies used in revenue management to adjust prices and inventory in response to demand, in order to maximize revenue or yield.

Sales Price

The amount of money charged for a product or service, or the value that customers are willing to pay.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers at those prices.