If there is no "a" value in a linear cost equation,this is an indication that the cost is
A)fixed.
B)mixed.
C)variable.
D)either fixed or mixed.

Name: If there is no "a" value in a linear cost equation,this is an indication that the cost is A)fixed. B)mixed. C)variable. D)either fixed or mixed.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

In a linear cost equation, the "a" value represents the fixed cost component. If there is no "a" value, the cost is purely a function of the variable component and therefore is considered variable.

If There Is No "A" Value in a Linear Cost