Question

What does the point (1, 3) represent on the graph? 1000 100 Total Revenue ($) 100 Quantity Produced O A. It shows for every 1 item produced the revenue is $3. O B. It shows that for every 3 items produced the revenue is $1. O C. It shows that the revenue is a constant rate of $1. O D. It shows that for every 300 items produced the revenue is $100.

Answer 1

we have that

the point (1,3)

answer is the option first

because

the x-coordinate is the quantity produced and the y-coordinate represent the revenue