You plan on using cost-based pricing. The cost of your product is $10, and you are planning a 30% mark-up. What should the price
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When graphs are plotted, graphs as in the .jpeg image in attachment are obtained.
First graph is line going through ordered pair (point) (0,6) and pair (6,8).
The second graph is line going through ordered pair (6,8) and pair (8,0).
Intercept of these graphs is point (ordered pair) (6,8).
You see from the .jpeg image that the following is true:
Initial velocity of the runner is 6 meters per second (runner starts with this velocity), for a while he runs, velocity grows, then in the 6th second (time=6), runner starts to slow down and velocity starts to decrease, and runner stops totally at time = 8.
So runner stops after 8 seconds.
The 4th claim (sentence) is correct.
First graph is line going through ordered pair (point) (0,6) and pair (6,8).
The second graph is line going through ordered pair (6,8) and pair (8,0).
Intercept of these graphs is point (ordered pair) (6,8).
You see from the .jpeg image that the following is true:
Initial velocity of the runner is 6 meters per second (runner starts with this velocity), for a while he runs, velocity grows, then in the 6th second (time=6), runner starts to slow down and velocity starts to decrease, and runner stops totally at time = 8.
So runner stops after 8 seconds.
The 4th claim (sentence) is correct.