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Listed here are four series of separate costs measured at various volume levels. Volume (Units) Series 1 Series 2 Series 3 Series 4 0 $

Listed here are four series of separate costs measured at various volume levels.

Volume (Units) Series 1 Series 2 Series 3 Series 4
0 $ 0 $ 450 $ 800 $ 100
100 800 450 800 105
200 1,600 450 800 120
300 2,400 450 1,600 145
400 3,200 450 1,600 190
500 4,000 450 2,400 250
600 4,800 450 2,400 320

Examine each series and identify whether it is best described as a fixed, variable, step-wise, or curvilinear cost. (It can help to graph the cost series.)

Series 1
Series 2
Series 3
Series 4

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