Chocolate or Vanilla: the Following Bar Graph Shows the Number

question 33

Short Answer

Chocolate or vanilla: The following bar graph shows the number of chocolate and vanilla ice cream cones sold during the annual county fair for the years 2013 - 2017. Does the graph present an accurate picture of the difference between chocolate and vanilla cones sold? Or is it misleading?
Explain.

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Definitions:

Substitution

The act of replacing one good or service with another in response to shifts in relative prices or changes in consumer preferences.

Bundle

A group of products or services that are sold together as a single package, often at a discounted price.

Optimal Choice

The best possible selection among various alternatives, maximizing efficiency or utility under given constraints.

Income

The money received by a person or organization for work, goods, or investments, representing the flow of cash or cash-equivalents.