CD sales in downward spiral.

• Position: Graph Exercise

Compact discs have bursting off the a music charts and into the news and courtrooms as the battle over downloading and sharing music heats up. While lawyers focus on the legal issues, the music industry is trying to figure out how to stop the plunge in CD sales. Sales of CD singles, for example, have tumbled from a high of nearly 67 million units in 1997 to a low of around 5 million in 2002.

CD album sales have also fallen sharply, down from 943 million units sold in 2000 to 803 million units in 2002--a fall of 140 million.

The line graph on the left shows the dollar value of CD singles sold in the United States between 1993 and 2002. The bar graph on the right shows CD sales in millions in the same years. Use the data to answer the questions below.

Number of CDs Sold '93 8 '94 9 '95 22 '96 43 '97 67 '98 56 '99 56 '00 34 '01 17 '02 5 Source: Recording Industry Association of America Note: Table made from bar graph. 1. About how much did CD single revenue increase between 1993 and 1995

(a) $100 million

(b) $45 million

(c) $65 million

(d) $80 million

2. Look at both graphs to determine: In which year could you infer that there was a rise in the price of CDs and/or that consumers purchased more expensive CDs than they had the previous year? (Hint: In what year did CD revenue rise while the number of CDs sold remained the same?)--

3. Which of the following is closest to the average price of a CD single in 1996? (Calculator use allowed.)

   (a) $3.50

   (b) $5.00

   (c) $4.25

   (d) $6.00

4. Which of the following is closest to the average price of a CD single in 2002? (Calculator use allowed.)

   (a) $8.00

   (b) $4.00

   (c) $2.00

   (d) $10.00

5. About how much did CD...