Which of the Following Describes the Intercept in a Linear

question 208

Multiple Choice

Which of the following describes the intercept in a linear cost function?

• A)the component of fixed costs that, within the relevant range, does not vary with changes in the level of the cost driver
• B)the component of fixed costs that, within the relevant range, does vary with changes in the level of the cost driver
• C)the component of variable costs that, within the relevant range, does not vary with changes in the level of the cost driver
• D)the component of variable costs that, within the relevant range, does vary with changes in the level of the cost driver
• E)the sum of the components of both fixed and variable costs that, within the relevant range, do not vary with changes in the level of the cost driver

---

Definitions:

Boomerang Children

Young adults who return to live in their family home with their parents after a period of independence, often due to financial difficulties or personal choice.

Substance Addictions

A dependency on substances, such as drugs or alcohol, characterized by an uncontrollable urge to consume the substance despite harmful consequences.

Nostalgia

A sentimental longing or wistful affection for the past, often for a period or place with happy personal associations.

Gay Parents

A term referring to parents who identify as gay or homosexual, highlighting the diversity in family structures.