Mary sells homemade jewelry through an online shop. She found that each time she increases...

50.1K

Verified Solution

Question

Basic Math

image

Mary sells homemade jewelry through an online shop. She found that each time she increases the price of each necklace by $2, she sells three fewer necklaces per week. Mary generally charges $12 for each necklace, and she typically sells 30 necklaces per week. The factored form of the equation below represents the revenue, R(x), after x price increases of $2.R(x) (12 +21) (30-31)Which of the following is the correct interpretation of the y-intercept in the given situation?The y-intercept represents the 10 necklaces Mary sells in order to break even.The y-intercept represents Mary's maximum revenue of $384.The y-intercept represents Mary's revenue of $360 before any price increases.The y-intercept represents the $12 price per necklace Mary initially charges.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students