Select all the correct answers. Alfred has plotted revenue and cost graphs for his pastry business. He's testing a number of cost assumptions against his business's revenue.
Revenue Graph
AY
Cost Graph
+25,000
-1,500
+20,000
+15,000
Revenue (dollars)
Total (dollars)
+10,000
+5.000
25
100
50
75
Price per Pastry
10
20
Price
Which two statements correctly interpret the graphs?
Cost falls and revenue rises up to approximately 56 per pastry
After approximately 56, both cost and revenue fall
Costs continue to fall beyond approximately because of an increase in revenue.
Revenue continues to rise regardless of the change in price,
Revenue falls and cost rises up to approximately $17.