To accurately determine which statements are true based on the graph, I'd need to analyze the graph itself. However, I can guide you on how to evaluate those statements:
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Fixed Costs Comparison: Check the y-intercept of each line on the graph. The y-intercept represents fixed costs.
- If Fast and Furious is higher than Lenny’s Limos, then the first statement can be true.
- To determine "lower rate of change," compare the slopes of the lines.
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Rate of Change: The slope of the lines represents the rate of change. A steeper slope means a higher rate of change.
- If Reliable Robert's line has a steeper slope than Lenny's Limos, then the second statement is true.
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Slope Comparison: Determine the slopes of Fast and Furious and Lenny's Limos:
- If Lenny's Limos has a steeper slope than Fast and Furious, the third statement is true.
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Lower Fixed Cost: Identify whether Lenny's Limos has a lower y-intercept compared to Fast and Furious and Reliable Robert.
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Y-Intercepts: Check if all three lines intersect the y-axis at the same point (the same initial fixed cost).
From your analysis of the graph, tick off each statement that holds true based on the y-intercept values and slopes. If you provide me with specific values from the graph, I can assist you in further detail!