The following three data points appear to be _____. $\begin{array}{lr}
\text { Units }&{\text { Costs }}{} \
100 & \$ 500 \
130 & 550 \
160 & 600
\end{array}$
A)a variable cost
B)a mixed cost
C)a fixed cost
D)a step cost

Question

Quizplus · Accepted Answer

The costs increase as the units increase, but not in a fixed proportion, indicating the presence of both fixed and variable components, characteristic of a mixed cost.

The Following Three Data Points Appear to Be _____ Units Costs 100$500130550160600\begin{array}{lr}\text { Units }&{\text { Costs }}{} \\100 & \$ 500 \\130 & 550 \\160 & 600\end{array} Units 100130160​ Costs $500550600​

The Following Three Data Points Appear to Be _____ $\begin{array}{lr}\text { Units }&{\text { Costs }}{} \\100 & \$ 500 \\130 & 550 \\160 & 600\end{array}$