the following graph displays the cost and revenue functions for jakes homemade wicker baskets. how many…

the following graph displays the cost and revenue functions for jakes homemade wicker baskets. how many baskets must jake sell to break even? a. 10 b. 8 c. 4 d. 0

the following graph displays the cost and revenue functions for jakes homemade wicker baskets. how many baskets must jake sell to break even? a. 10 b. 8 c. 4 d. 0

Answer

Explanation:

Step1: Understand break - even point

The break - even point is where cost equals revenue, i.e., the intersection of the cost and revenue functions on the graph.

Step2: Locate intersection on graph

By observing the graph, the cost and revenue functions intersect at the point where the number of baskets is 8.

Answer:

B. 8