Provide an Appropriate Response

question 99

Essay

Provide an appropriate response.
-The data below represent the smoking prevalence among U.S. adults over a 35-year period. Use a time series
chart to display the data. Describe any trends shown. $$\begin{array} { l | c c c c c } \text { Year } & 1965 & 1985 & 1990 & 1995 & 2000 \\\hline \text { Percent of Smokers } & 42 & 30 & 25 & 25 & 23\end{array}$$

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Definitions:

Advertiser

An individual or entity that promotes products, services, or ideas through various media to influence consumer behavior and drive sales or engagements.

Elastic

Refers to the responsiveness of demand or supply to changes in price or income.

Percentage Change

A mathematical calculation that represents the degree of change over time, expressed as a percentage.

Elasticity Coefficient

A numerical measure of how responsive the quantity demanded or supplied of a good or service is to changes in its price or other factors.