62 For a side business, an entrepreneur purchased $50 worth of equipment to produce homemade jewelry to sell. In addition to the manufacturing equipment, each piece of jewelry costs $2 in supplies to produce. The given graph shows the average cost perpiece of jewelry as the entrepreneur produces more jewelry, including the initial equipment purchase and supplies for each piece of jewelry produced.3.8 Average Cost Per Piece Of Jewelry Produced3.63.43.23.02.82.62.42.22.01.81.61.41.21.00.80.60.40.2Amount of Jewelry Produced0-50 100 150 200 250 300 350 400 450 500 550 600 650 700 750 800 850 900 950 10000.20.4Which conclusion can be drawn from this graph?The average cost per piece of jewelry produced increases towards $3.The average cost per piece of jewelry produced is an asymptote and tends toward two pieces of jewelry having an average cost of $1,000.The average cost per piece of jewelry produced decreases toward $0.The average cost per niece of iewelry produced is an asymptote and tends toward $2 per niece of iewelry produced

By looking ate the graph we see that the curve is an asymptote, and it is getting ceased at y= 2.0…

For a side business, an entrepreneur purchased $50 worth of equipment to produce homemade jewelry to sell. In addition to the manufacturing equipment, each piece of jewelry costs $2 in supplies to produce. The given graph shows the average cost per piece of jewelry as the entrepreneur produces more jewelry, including the initial equipment purchase and supplies for each piece of jewelry produced. 3.8Average Cost Per Piece Of Jewelry Produced