Business
Business, 15.03.2020 19:53, gabestrickland2

Alfred has plotted revenue and cost graphs for his pastry business. He’s testing a number of cost assumptions against his business’s revenue.

Which two statements correctly interpret the graphs?

1. Cost falls and revenue rises up to approximately $6 per pastry.
2. After approximately $6, both cost and revenue fall.
3. Costs continue to fall beyond approximately $6 because of an increase in revenue.
4. Revenue continues to rise regardless of the change in price.
5. Revenue falls and cost rises up to approximately $17.

answer
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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