What Type of Graph Is Shown Below

question 7

Multiple Choice

What type of graph is shown below?

• A) Frequency polygon
• B) Stacked histogram
• C) Simple histogram
• D) Frequency distribution

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Definitions:

Total Cost

Total cost refers to the aggregate sum of all costs, both fixed and variable, incurred by a business in producing goods or services.

Fixed Cost

Fixed cost is an expense that does not change with the level of production or sales, such as salaries, rent, and insurance.

Variable Cost

Costs that change directly with the level of production or service output.

Total Cost

The aggregate expenditure incurred by a business to produce, buy, or sell goods and services, including fixed and variable costs.