Mary sells homemade jewelry through an online shop. She
Last updated: 7/14/2022
Mary sells homemade jewelry through an online shop. She found that each time she increases the price of each necklace by $2, she sells three fewer necklaces per week. Mary generally charges $12 for each necklace, and she typically sells 30 necklaces per week. The factored form of the equation below represents the revenue, R(x), after x price increases of $2. R(x) (12 +21) (30-31) Which of the following is the correct interpretation of the y-intercept in the given situation? The y-intercept represents the 10 necklaces Mary sells in order to break even. The y-intercept represents Mary's maximum revenue of $384. The y-intercept represents Mary's revenue of $360 before any price increases. The y-intercept represents the $12 price per necklace Mary initially charges.