Find the Y -Intercept of the Line Determined by the Equation

question 211

Multiple Choice

Find the y -intercept of the line determined by the equation. $- 2 x + 6 y = 24$

• A) (0,-4)
• B) (-4,0)
• C) (24,0)
• D) (0,4)
• E) (0,24)

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Definitions:

Shutdown Point

The level of output at which a company is not making enough revenue to cover its variable costs, making it economically viable to cease production temporarily.

Accounting Profits

The total revenue of a business minus the explicit costs, reported on financial statements according to standard accounting practices.

Economic Profits

The disparity between total income and combined expenses, encompassing both out-of-pocket and hidden costs.

Economic Profits

The margin between an organization's complete earnings and its aggregate expenditures, covering both visible and hidden costs.