Question

Josephine is opening a retail shoe store and has developed this graph to represent her projected revenue, costs, and profit. Which two
sentences correctly interpret the graph?
20.000
revenue
Dollars
costs
profits
50
Profits increase until the price of the shoes reaches $22.
Costs decrease until the price of the shoes reaches $22,​

Answer 1

Answer:

Profits increase until the price of the shoes reaches $22.

There are more prices with positive revenues than positive profits.

Step-by-step explanation:

In the picture attached, the problem is shown.

The first sentence is true because the profit curve has a maximum at $22.

The second sentence is true because the profit is computed as follows:

profit = revenue - cost

and cost decreases as the price increase; therefore, there are positive revenues with negatives profits.

Answer 2

The  two sentences which correctly interpret the graph include:

• Profits increase until the price of the shoes reaches $22.

• There are more prices with positive revenues than positive profits.

What is a Graph?

This is defined as a pictorial representation of numbers or variables in an organized manner.

The profit curve has a maximum at $22 which makes statement 1 correct while from the graph we can also deduce that there are more prices with positive revenues.

Read more about Graph here https://brainly.com/question/11539624

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