The Phone Bill for a Company Consists of Both Fixed

question 145

Multiple Choice

The phone bill for a company consists of both fixed and variable costs.Refer to the 4-month data below and apply the high-low method to answer the question.
-What is the variable cost per minute?

• A)$1.25
• B)$0.67
• C)$1.08
• D)$0.58

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Definitions:

Homeostasis

The self-regulating process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.

Homeostatic Hormones

Hormones that regulate internal equilibrium by ensuring physiological systems remain stable and constant.

Morphine

A potent opiate analgesic drug derived from the opium poppy, used primarily for pain relief.

Heroin

An opioid drug synthesized from morphine, highly addictive and used illicitly for its euphoric effects.