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Lupe creates bracelets to sell to her friends.

The graph shows her costs and income from creating and selling the bracelets.

Select the three statements that are true, based on the graph.

Lupe creates bracelets to sell to her friends. The graph shows her costs and income-example-1
User Ouss
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1 Answer

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Statement 1 4 and 5 are true

Explanation:

Step 1 :

From the graph we can see that there is a fixed cost involved and she sells 30 bracelets at $15.

As the income is constant line we can infer that the cost of one bracelet is 15/30 = 0.50$

Step 2 :

Based on the inference in step 1 we have

Statement 1 is true

Statement 2 is not true as there is no data to calculate the cost of creation of each bracelet

Statement 3 is not true as she break evens when she sells 30 bracelets and earns profit only beyond that

Statement 4 is true

Statement 5 (The startup cost is less than $15) is true as we can see from the graph that the point of start up cost is much less than 15.

Statement 6 is not true as she starts earning profit only after selling 30 bracelets

User Nachito
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