Y intercept is 24. ( y intercept is when x=0 )
Answer:
x-axis: (3, 0)
y-axis: (0, 16)
Quadrant 1: (36.7, 3.9)
Quadrant 2: (-1, 2)
Quadrant 3: (-5/8, -5 1/3)
Quadrant 4: (2, -12)
Step-by-step explanation:
x-axis: when y = 0 ⇒ (3, 0)
y-axis: when x = 0 ⇒ (0, 16)
Quadrant 1: when x > 0 and y > 0 ⇒ (36.7, 3.9)
Quadrant 2: when x < 0 and y > 0 ⇒ (-1, 2)
Quadrant 3: when x < 0 and y < 0 ⇒ (-5/8, -5 1/3)
Quadrant 4: when x > 0 and y < 0 ⇒ (2, -12)
The fixed and variable costs of the given table of production costs are respectively; $161280 and $42
<h3>How to calculate fixed and variable costs?</h3>
Variable costs are costs that vary/change depending on the company’s volume of production while fixed costs are costs that do not change in relation to volume of production.
Fixed costs = Production Cost + Selling expenses + Administrative Expenses
Fixed Cost = $103200 + $21500 + $7300 + $1600 + $1800 + $21000 + $2600 + $2280 = $161280
Variable cost = $15 + $10 + $8 + $3 + $3 + $1 + $2
Variable cost = $42
Read more about fixed and variable costs at;brainly.com/question/15705476
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