Given the Following Data,what Is the Distance from the Origin

question 86

Multiple Choice

Given the following data,what is the distance from the origin to the point where the total expenditures (TE) curve cuts the vertical axis? ​
C = $4,200 + 0.90Yd
I = $1,820
G = $970
​

• A) $2,790
• B) $4,290
• C) $6,990
• D) $5,170
• E) $390

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Definitions:

Interest Payment

The amount paid by a borrower to a lender as compensation for the use of borrowed money.

Suppliers

Entities or individuals that provide goods or services to companies or other individuals, often playing a critical role in supply chains.

Accounts Payable

The amount of money that a company owes to its suppliers or creditors for goods and services purchased on credit.

Receivables Period

The amount of time it takes for a company to collect payments owed by its customers after a sale has been made.