Statement 1 4 and 5 are true
Step-by-step explanation:
Step 1 :
From the graph we can see that there is a fixed cost involved and she sells 30 bracelets at $15.
As the income is constant line we can infer that the cost of one bracelet is 15/30 = 0.50$
Step 2 :
Based on the inference in step 1 we have
Statement 1 is true
Statement 2 is not true as there is no data to calculate the cost of creation of each bracelet
Statement 3 is not true as she break evens when she sells 30 bracelets and earns profit only beyond that
Statement 4 is true
Statement 5 (The startup cost is less than $15) is true as we can see from the graph that the point of start up cost is much less than 15.
Statement 6 is not true as she starts earning profit only after selling 30 bracelets
