In CVP Analysis, Managers Usually Assume That the Cost Function

question 43

Multiple Choice

In CVP analysis, managers usually assume that the cost function is linear. Which of the following equations best represents a linear function for total cost if the cost is a mixed cost?

• A) y = $500 + $80x
• B) y = $80x²
• C) y = $80x
• D) y = $500x + $80x

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Definitions:

Functionalists

Scholars and theorists who analyze society by looking at the social structures that exist within it and how they serve to keep society stable and functioning.

Instrumental Role

Responsible for engaging in paid labour outside the home.

Expressive Role

Responsible for the emotional well-being of family members and the socialization of children.

Hegemonic

Relating to the dominant influence or authority over others, often in a cultural, societal, or political context.