In the equation: y = vx + f, what variable represents the volume of activity? (Assume v represents the variable cost per unit of activity.)
A) x
B) v
C) y
D) vx

Question

Quizplus · Accepted Answer

The variable x represents the volume of activity in the equation. This is because v is the variable cost per unit, and when it is multiplied by x (the volume of activity), it gives the total variable cost, which is part of the equation for y.

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