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

question 17

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 = $800 + 0.85Yd
I = $350
G = $420

• A)$1,570
• B)$1,150
• C)$1,220
• D)$770
• E)​$1,220.85

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Definitions:

Promoter

An individual or company responsible for organizing, financing, or sponsoring an event, project, or business venture, often prior to its creation.

Unsecured Promissory Note

A financial agreement for borrowing money that does not require collateral from the borrower.

Total Book Value

The net value of a company's assets found on its balance sheet, calculated by subtracting total liabilities from the total assets.

Corporate Promoter

An individual or entity involved in establishing a company or raising capital for it before its incorporation.