​Variable Costs Are

question 66

Multiple Choice

​Variable costs are

• A)​costs that vary with output
• B)not important in decision making
• C)costs that do not vary with output
• D)​equal to total costs

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Definitions:

Independent Variables

Independent variables are the factors in an experiment that are manipulated or changed by the researcher to investigate their effects on the dependent variables.

Distribution

The way in which something is shared or spread out over an area or among a population.

COV

The coefficient of variation, a measure of relative variability that describes the ratio of the standard deviation to the mean.

Independent Variables

Variables in an experiment that are manipulated or chosen by the researcher to investigate their effects on the dependent variable.