The solid line intersects the y-axis at the
A) Fixed cost per unit
B) Variable cost per unit
C) Total fixed cost
D) Total variable cost

Name: The solid line intersects the y-axis at the A) Fixed cost per unit B) Variable cost per unit C) Total fixed cost D) Total variable cost
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

The point where the solid line intersects the y-axis represents the total fixed cost, as it is the cost incurred when the quantity produced is zero.

The Solid Line Intersects the Y-Axis at the