Answer the following questions:
a. What is a cost equation?
b. If a company has fixed costs of $1,000 and variable costs of $4 per unit, what is their cost equation?
c. What would a company use a cost equation for?

Question

Answer the following questions:
a.	What is a cost equation?
b.	If a company has fixed costs of $1,000 and variable costs of $4 per unit, what is their cost equation?
c.	What would a company use a cost equation for?

Quizplus · Accepted Answer

The Answer of Answer the following questions:
a.	What is a cost equation?
b.	If a company has fixed costs of $1,000 and variable costs of $4 per unit, what is their cost equation?
c.	What would a company use a cost equation for?

Answer the Following Questions