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The image displays a line graph titled "Chart 1. Average annual expenditures on cell phone and residential phone services, 2001–2010," with two lines representing cell phone services and residential phone services. The y-axis ranges from $200 to $800 in increments of $100, and the x-axis lists years from 2001 to 2010. In 2001, the cell phone services line begins at approximately $210, while the residential phone services line starts at around $670. Over the 10-year period, the cell phone services line exhibits a steady upward trend, culminating at approximately $760 in 2010. Conversely, the residential phone services line experiences a gradual decline, falling to about $350 by 2010. The graph indicates a crossover point between the two lines around the year 2006, where expenditures on cell phone services surpass those on residential phone services for the first time. The exact numerical data points for each line at every year mark are not provided. The source of the data is cited as the U.S. Bureau of Labor Statistics, Consumer Expenditure Survey.
Given the complexity of the image, the above description may not be entirely accurate.
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The given line graph displays average yearly expenditure in dollars on mobile phone service as well as on landline phone in consecutive ten years, starting from 2001.
A quick glance at the image reveals that the cell phone service expenses was comparatively lesser whereas residential phone was higher in the initial year however the expenses on cell phone then increasing steadily year by year while there was reduction for residential phone service.
It is apparently seen that according to Consumer Expenditure Survey, US, residents spent just about $200 on mobile phone in 2001 however the expenditure raised to near $300 in 2002 and it increased slightly above $300 in 2003. Then this spending raised year by year and reached around $750 in 2010 and also there was high chance that it will be increasing continuously in the following years whereas the citizens spent near $700 on telephone service in the initial year then it declined continuously year by year and reached around $400 in the final year. Additionally, it was likely to be decreasing in the next years.
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