A Business Has a Cost (In Dollars) Of $C = 0.8 x + 100$

question 68

Multiple Choice

A business has a cost (in dollars) of $C = 0.8 x + 100$ for producing x units. What is the limit of $\bar { C }$ as x approaches infinity?

• A) \(\infty\)
• B)$0.80
• C)$100.80
• D)$100.00
• E)$99.20

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Definitions:

Sales Journal

A specialized journal used to record and track all sales of merchandise on credit, centralizing sales data for easier management.

Accounts Payable Control

A system or method used to manage and track the money owed by the company to its creditors or suppliers.

Subsidiary Ledger

A detailed ledger that contains the details to support a main ledger account, such as accounts receivable or accounts payable.

Accounts Receivable Control

Practices and procedures in place to monitor and manage the amounts owed to a business by its customers for goods or services delivered on credit.