Question: The cost function y = 1 2 , 0 0 0 + 4 x q , A . is a curved line B . has

The cost function y=12,000+4xq,
A. is a curved line
B. has a slope coefficient of 12,000
C. represents a mixed cost
D. will intersect the y-axis at 4
When estimating a cost function, cost behavior can be approximated by a linear cost function within the relevant range.
True
False
The cost function y = 1 2 , 0 0 0 + 4 x q , A .

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