Which of the graphs in Figure 20-1 illustrates the behavior of a total variable cost?
A) Graph 2
B) Graph 3
C) Graph 4
D) Graph 1

Name: Which of the graphs in Figure 20-1 illustrates the behavior of a total variable cost? A) Graph 2 B) Graph 3 C) Graph 4 D) Graph 1
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Question

Which of the graphs in Figure 20-1 illustrates the behavior of a total variable cost?
A) Graph 2 
B) Graph 3 
C) Graph 4 
D) Graph 1

Quizplus · Accepted Answer

Graph 3 is the only graph that shows an upward sloping line, indicating that as the level of output increases, the total variable cost also increases. The other graphs do not show this relationship between output and variable cost.

Which of the Graphs in Figure 20-1 Illustrates the Behavior