Three Variables Are Related and Two of Them Are Plotted

question 94

Multiple Choice

Three variables are related and two of them are plotted in a figure.If the variable that is not measured on either the x-axis or the y-axis changes,then there is

• A) a movement along the drawn curve.
• B) a shift in the curve.
• C) no impact on the curve because the variable is not measured on either of the axes.
• D) either a shift in the curve or a movement along the curve, but more information is needed to determine which.
• E) None of the above answers is correct.

---

Definitions:

Fixed Costs

Costs that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.

Cafeteria

A type of food service location within an establishment where customers serve themselves from a variety of options.

Transfer Prices

Prices charged in the sale or transfer of goods and services between departments or divisions within the same company, often used for accounting or tax purposes.

Parts Division

A specialized unit or department within a company that focuses on the production or distribution of spare parts for products or equipment.