The total cost of materials, where the supplier charges $9/lb if 0-1000 pounds are purchased, $8/lb if 1001-2000 pounds are purchased and $7 if 2001 or more pounds are purchased, is a
A) Fixed cost
B) Variable cost
C) Mixed cost
D) Stepwise linear cost

Question

Quizplus · Accepted Answer

The Answer of The total cost of materials, where the supplier charges $9/lb if 0-1000 pounds are purchased, $8/lb if 1001-2000 pounds are purchased and $7 if 2001 or more pounds are purchased, is a
A) Fixed cost
B) Variable cost
C) Mixed cost
D) Stepwise linear cost

The Total Cost of Materials, Where the Supplier Charges $9/lb