In the cost equation TC = F + VX, the slope is represented by which of the following?
A) TC
B) F
C) V
D) X

Name: In the cost equation TC = F + VX, the slope is represented by which of the following? A) TC B) F C) V D) X
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Question

Quizplus · Accepted Answer

The slope in the equation TC = F + VX is represented by V, which stands for the variable cost per unit. In this context, the slope indicates how the total cost (TC) changes with each additional unit produced (X).

In the Cost Equation TC = F + VX, the Slope