When plotted on a graph,cost functions are usually displayed by having the level of activity (machine-hours,etc. )plotted on the vertical axis (called the y-axis)and the amount of total costs corresponding to (or dependent on)the levels of that activity on the horizontal axis (called the x-axis).

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Typically, cost functions are plotted with the level of activity (such as machine-hours) on the horizontal axis (x-axis) and the total costs corresponding to those levels of activity on the vertical axis (y-axis).

When Plotted on a Graph,cost Functions Are Usually Displayed by Having