Business, 19.04.2021 21:20 tuchikitacristoyaidi
Alfred has plotted revenue and cost graphs for his pastry business. He's testing a number of cost assumptions against his business's revenue.
Revenue Graph
Cost Graph
+25,000
- See
+20,000
+15,000
Revenue (dollars)
Frotal (dollars
+10,000
+5,000
25
100
Price per Pastry
10
20
Price
Which two statements correctly interpret the graphs?
Cost falls and revenue rises up to approximately $6 per pastry.
After approximately $6, both cost and revenue fall.
Costs continue to fall beyond approximately $6 because of an increase in revenue,
Revenue continues to rise regardless of the ch
Answers: 1
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Alfred has plotted revenue and cost graphs for his pastry business. He's testing a number of cost as...
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