Concept:Inverse variation means as one quantity increases, the other decreases. Their product is constant.Explanation:Since y varies inversely as x, write y=xk, where k is the constant of variation.Substitute x=3 and y=4 into y=xk.So 4=3k.Multiply both sides by 3: k=12.Alternatively, use k=xy=3×4=12.Now find x when y=12.Use x=yk.Therefore, x=1212=1.Answer:The value of x is 1, which is option B.