Given a Linear Curve, the Value on the Y-Axis Changes

question 206

Multiple Choice

Given a linear curve, the value on the y-axis changes from 100 to 120 when the value on the x-axis changes from 20 to 10, then the slope of that curve is

• A)-20.
• B)+20.
• C)-2.
• D)+2.

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Definitions:

Relevant

Relates to or directly impacts the subject under discussion.

Fixed Costs

Expenses that do not change with the level of production or sales over a short period, such as rent, insurance, and salaries.

Sunk Costs

Costs that have already been incurred and cannot be recovered.

Avoidable Costs

Expenses that can be eliminated if a particular decision is made or if a particular activity is discontinued.