Untitled

import matplotlib.pyplot as plt
import numpy as np

# Define the price of taxi fare (independent variable)
taxi_fare_prices = np.linspace(0, 10, 100)

# Define the quantity supplied of buses (dependent variable)
quantity_supplied_buses = 100 - 5 * taxi_fare_prices

# Create the supply curve for buses
plt.plot(taxi_fare_prices, quantity_supplied_buses, label="Supply of Buses", color="b")

# Add labels and title
plt.xlabel("Price of Taxi Fare")
plt.ylabel("Quantity Supplied of Buses")
plt.title("Supply of Buses vs. Price of Taxi Fare")
plt.grid(True)

# Explain the graph
plt.annotate(
    "As taxi fare price increases,\nthe quantity supplied of buses decreases.",
    xy=(4, 60),
    xytext=(6, 80),
    arrowprops=dict(arrowstyle="->", color="r"),
    fontsize=10,
    color="r",
)

# Show the graph
plt.legend()
plt.show()