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.
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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