Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The cost function y = 6 + 2,000X ________. a. has an intercept of 2,000 b. is a curve c. represents a fixed cost d.
The cost function y = 6 + 2,000X ________.
a. has an intercept of 2,000
b. is a curve
c. represents a fixed cost
d. has a slope coefficient of 2,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started