Solved

Variable Costs Are Represented Graphically As

Question 52

Multiple Choice

Variable costs are represented graphically as:


A) starting at zero and increasing as a straight line as activity increases.
B) starting at a given point and increasing as a straight line as activity increases.
C) a horizontal line, staying the same irrespective of the level of activity.
D) the intersection of total costs and total revenue lines.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions