When a Mixed Cost Is Graphed the Y-Intercept Corresponds to the

question 137

Multiple Choice

When a mixed cost is graphed the Y-intercept corresponds to the

• A) step cost.
• B) variable rate.
• C) fixed cost.
• D) price of the units sold.

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Definitions:

Plant Assets

Fixed, tangible assets used in the operation of a business, such as machinery, buildings, and equipment, that have a useful life of more than one year.

Land Improvements

Enhancements made to land, such as landscaping, driveways, fences, and sidewalks, that increase the property's value.

Subdivisions

In real estate, this refers to the act of dividing land into pieces that are easier to sell or otherwise develop.

Cash Discount

A reduction in the price paid for goods or services offered to customers as an incentive for early payment.