Question: Required: Note: Note that for all questions below you may select more than one answer. Single click the box with the question mark to produce
Required: Note: Note that for all questions below you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.
a The point where the blue line intersects the Yaxis the vertical axis indicates which of the following statements is true?
A The companys total expense at all sales volumes between zero and units is $
B The companys total fixed expense at all sales volumes between zero and units is $
C he companys total variable expense at all sales volumes between zero and units is $
D The companys total contribution margin at all sales volumes between zero and units is $
b For each increase of one unit on the Xaxis the horizontal axis the amount on the Yaxis the vertical axis increases by:
A The contribution margin per unit.
B The selling price per unit.
C The profit margin per unit.
D The variable expense per unit.
c If the selling price per unit decreased and the variable expense per unit and total fixed expense remained unchanged, then which of the following statements is true?
A The line shown in the profit graph would shift to a Vshape.
B The line shown in the profit graph would not change.
C The line shown in the profit graph would steepen.
D The line shown in the profit graph would flatten out.
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