A high school student has started a new business making and selling bumper stickers. The graph shows the break-even point for the business.
1. Identify the following on the graph and explain the meaning of each for the business:
• Cost equation
• Revenue equation
• Break-even point
2. How would the graph change if the price of each bumper sticker was lowered? If the price was increased?
3. What advice would you give this business owner? Explain.
