The graph starts near 700 licensed sellers and decreases over time. However, it does not appear to decrease all the way to 0. Instead, it levels off near:
y=100
That horizontal line is the horizontal asymptote.
A horizontal asymptote represents the long-term value the function approaches as time continues.
So the correct interpretation is:
" In the long run, the number of licensed sellers nears 100. "
Therefore, the correct answer is:
▭ ( " C " )
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