Write the Word or Phrase That Best Completes Each Statement

question 58

Short Answer

Write the word or phrase that best completes each statement or answers the question.
The revenue equation for a certain brand of mouthwash is y = 1.3x, where x is the number of bottles of mouthwash sold
and y is the total income for selling x bottles. The cost equation is y = 0.5x + 2500, where x is the number of bottles of
mouthwash manufactured and y is the cost of producing x bottles. The following set of axes shows the graph of the cost
and revenue equations.
-If the company sells 3500 bottles of mouthwash, does the company make money or lose money?

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Definitions:

Scaling

The process of increasing or expanding the size, scope, or capabilities of something, especially in business growth and technology.

Imagining

The process of forming mental images or concepts of what is not actually present to the senses, often used in creative thinking and problem-solving.

Product Innovation

The development and introduction of new or significantly improved goods or services that add value to customers.

Commercialisation

The process of bringing a new product or service to the market, turning an invention or idea into a viable business offering.