The given graph illustrates TV set prices in dollars over ten-yearly intervals starting from the 1940s with future predictions to the 2020s.
Overall, there was a significant fluctuation in the mentioned country over the period shown. The TV set prices reached the highest point in the 1950s. This figure is forecasted to increase steadily in the future.
It can be seen that the amount of money spent on TV sets increased dramatically from 500 and reached a peak of 2500 dollars in 1950. However, this figure decreased sharply to around 1250 dollars in the 1960s, after which there was a significant decline to 500 dollars in the middle of the 1970s.
On the other hand, a considerable rise was seen in average prices by approximately 4 percent from 1970 to 2000. This was followed by a steady go down from 2000 to around 2010. In contrast, it is predicted to go down slightly to the end of the period.
The
given
graph illustrates TV set prices in
dollars
over ten-yearly intervals starting from the 1940s with future predictions to the 2020s.
Overall
, there was a significant fluctuation in the mentioned country over the period shown. The TV set prices reached the highest point in the 1950s. This figure
is forecasted
to increase
steadily
in the future.
It can be
seen
that the amount of money spent on TV sets increased
dramatically
from 500 and reached a peak of 2500
dollars
in 1950.
However
, this figure decreased
sharply
to around 1250
dollars
in the 1960s, after which there was a significant decline to 500
dollars
in the middle of the 1970s.
On the other hand
, a considerable rise was
seen
in average prices by approximately 4 percent from 1970 to 2000. This
was followed
by a steady go down from 2000 to around 2010.
In contrast
, it
is predicted
to go down
slightly
to the
end
of the period.