In the equation: y = vx + f, what term represents the total variable cost component?
A) f
B) v
C) y
D) vx

Name: In the equation: y = vx + f, what term represents the total variable cost component? A) f B) v C) y D) vx
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

In the equation y = vx + f, vx represents the total variable cost component. The variable v stands for the variable cost per unit, and x represents the number of units. Multiplying these together gives the total variable cost.

In the Equation: Y = Vx + F, What Term