To determine which statements are true based on the graph, you would need to analyze the slopes (rates of change) and the y-intercepts (fixed costs) of the three companies mentioned: Reliable Robert, Lenny's Limos, and Fast and Furious.
Here’s a breakdown of each statement:
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Reliable Robert has a steeper rate of change than Lenny's Limos.
- True/False: This depends on the slope of the lines for Reliable Robert and Lenny's Limos. If Reliable Robert's line is steeper, this statement is true; otherwise, it is false.
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Fast and Furious initially has a larger fixed cost than Lenny's Limos; but has a lower rate of change.
- True/False: This statement is true if Fast and Furious's line starts higher on the y-axis than Lenny's Limos's line and if its slope is less steep than Lenny's Limos's slope.
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Lenny's Limos has a lower initial amount of fixed cost than the other two.
- True/False: This is true if Lenny's Limos's line starts lower on the y-axis compared to both Reliable Robert and Fast and Furious.
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Lenny's Limos has a larger slope than Fast and Furious.
- True/False: This statement is true if Lenny's Limos's line is steeper than Fast and Furious's line.
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All three have the same y-intercept.
- True/False: This is true only if all three lines start at the same point on the y-axis.
Make sure to refer back to the graph for the exact rates of change (slopes) and y-intercepts to select the correct responses. If you have specific values or features from the graph, please share those to facilitate more precise conclusions.
3 answers