Typically,the Sales Volume Declines with an Increase of a Product

question 73

Multiple Choice

Typically,the sales volume declines with an increase of a product price.It has been observed,however,that for some luxury goods the sales volume may increase when the price increases.The following Excel output illustrates this rather unusual relationship. What can be said about the linear relationship between Price and Sales?

• A) The relationship is negatively moderate.
• B) There is no relationship.
• C) The relationship is positively strong.
• D) The relationship is negatively strong.