The cost function y = 13,000 + 9X ________.
A) represents a mixed cost
B) will intersect the y-axis at 9
C) has a slope coefficient of 13,000
D) is a curved line

Question

Quizplus · Accepted Answer

The cost function includes both a fixed and variable component (13,000 and 9X, respectively), which is characteristic of a mixed cost. The intercept on the y-axis is 13,000 (not 9), and the slope coefficient is 9. The function is a straight line, not a curved one.

The Cost Function Y = 13,000 + 9X ________