Thursday, June 23, 2011

The cost function y = 8,000 + 4X

ACCOUNTING

Multiple Choice

The cost function y = 8,000 + 4X

a. represents a mixed cost

b. will intersect the y-axis at 4

c. has a slope coefficient of 8,000

d. is a curved line

d. represents a fixed cost
Click here for the SOLUTION

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