When graphed, a typical fixed cost appears as:
A. a horizontal line.
B. a vertical line.
C. a u-shaped line.
D. a diagonal line that slopes downward to the right.
E. a diagonal line that slopes upward to the right.
Answer: A. a horizontal line.
When graphed, a typical fixed cost appears as:
A. a horizontal line.
B. a vertical line.
C. a u-shaped line.
D. a diagonal line that slopes downward to the right.
E. a diagonal line that slopes upward to the right.
Answer: A. a horizontal line.
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