Question 3 (6 marks) Rapid Consulting is studying the costs of several clients a

Question

Question 3 (6 marks) Rapid Consulting is studying the costs of several clients and has found that the accompanying graphs appear as follows: a. A straight line that gradually slopes upward to the right b. A curvilinear line that gradually slopes upward to the right c. A straight line that is parallel to the graph's horizontal axis d. A straight line that gradually slopes downward to the right e. A curvilinear line that gradually slopes downward to the right f. A straight line that gradually slopes upward to the right and then, at a specific point, flattens out to run parallel to the horizontal axis g. A series of straight lines that appear to resemble a set of steps h. A straight line that runs parallel to the graph's horizontal axis and them, at a specific point, drops to a lower level Assume that the horizontal axis represents total activity and the vertical axis represents total cost

Explanation / Answer

Since, it is not possible to provide explanation for graph type, the answers have been provided directly.

_____________

The answer is given in the following table:

1) A series of straight lines that appear to resemble a set of steps (which is Option g)

2) A straight line that gradually slopes upward to the right (which is Option a)

3) A straight line that gradually slopes upward to the right and then, at a specific point, flattens out to run parallel to the horizontal axis (which is Option f)

4) A straight line that is parallel to the graph’s horizontal axis (which is Option c)

5) A straight line that is parallel to the graph’s horizontal axis (which is Option c)

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