The following three data points appear to be _____. $\begin{array}{lr}
\text { Units }&{\text { Costs }}{} \
{600} &\$ 500\
800 & 500 \
1,000 & 500
\end{array}$
A)a variable cost
B)a mixed cost
C)a fixed cost
D)a step cost

Question

Quizplus · Accepted Answer

The costs remain constant at $500 regardless of the number of units, indicating that the cost does not vary with the level of activity. This is characteristic of a fixed cost.

The Following Three Data Points Appear to Be _____ Units Costs 600$5008005001,000500\begin{array}{lr}\text { Units }&{\text { Costs }}{} \\{600} &\$ 500\\800 & 500 \\1,000 & 500\end{array} Units 6008001,000​ Costs $500500500​

The Following Three Data Points Appear to Be _____ $\begin{array}{lr}\text { Units }&{\text { Costs }}{} \\{600} &\$ 500\\800 & 500 \\1,000 & 500\end{array}$