If the Total Cost Function Is Y = 5,000

question 117

Multiple Choice

If the total cost function is y = 5,000 + 7X,calculate the variable cost for 4,000 units.

• A) $33,000
• B) $28,000
• C) $20,000
• D) $5,000

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Definitions:

Hill Side

Hill sides, or slopes, refer to the inclined surfaces of hills, which can vary in steepness and are often subject to processes like erosion and land slides.

Indonesian Earthquake

A seismic event occurring in Indonesia, a region highly susceptible to earthquakes due to its position on the Pacific "Ring of Fire."

Subduction

The method in which a tectonic plate slides beneath another one and descends into the mantle during the convergence of the plates.

Indian-Australian Plate

A major tectonic plate that includes the Indian subcontinent and parts of the Indian Ocean and Australia.