Use the Information Below to Answer the Following Question(s)

question 32

Multiple Choice

Use the information below to answer the following question(s) .The Skip Corporation has assembled the following data pertaining to certain costs which cannot be easily identified as either fixed or variable.Skip Corporation has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
-The cost function would be stated as

• A)y = $13,386 + $0.46x.
• B)y = $10,680 + $0.38x.
• C)y = $5,056 + $2.16x.
• D)y = $1,800 + $2.16x.
• E)y = $1,800 + $2.60x.

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Definitions:

Natural Disturbance

Events occurring in nature, such as forest fires, floods, and hurricanes, that disrupt ecosystem structures and functions but can also lead to biodiversity and regeneration.

Status Quo

A term denoting the existing state or condition of affairs.

Nutrients

Essential chemicals needed by organisms to grow and function properly, often required in small amounts and obtained from the environment or diet.

Gradual Change

A process or development that occurs slowly over time.