A Cost Which Remains Constant Per Unit at Various Levels

question 65

Multiple Choice

A cost which remains constant per unit at various levels of activity is a

• A) variable cost.
• B) fixed cost.
• C) mixed cost.
• D) manufacturing cost.

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Definitions:

Linear Model

A type of statistical model that assumes a linear relationship between one or more independent variables and a dependent variable, represented by a straight line in a two-dimensional plane.

Regression Analysis

A statistical technique used to examine the relationship between a dependent variable and one or more independent variables.

Y-Intercept

The point at which a line crosses the y-axis on a graph, representing the value of y when x equals zero.

Regression Analysis

A statistical approach used to analyze the connection between a dependent variable and one or more independent variables.