The cost function y = $3,000 + $2X:
A) represents a fixed cost.
B) represents a mixed cost.
C) represents a variable cost.
D) has a constant of $3002X.
E) has a constant of intercept 2X.
Correct Answer:
Verified
Q6: The Viola Shoppe has 25 employees that
Q7: The cost function y = $10,000:
A)represents a
Q8: In a/an _,the graph of total costs
Q9: In a step variable-cost function,the cost remains
Q10: A/an _ is a function that measures
Q12: The Parker Cellular Company is charged a
Q13: The horizontal axis is called the _.
A)a-axis
B)b-axis
C)x-axis
D)y-axis
E)z-axis
Q14: A mathematical description of how a cost
Q15: Cost behavior is not approximated by a
Q16: The accounting manager at the Peanut Factory
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents