Answer the following questions using the information below:
The Ranger Company uses the high-low method to estimate it's cost function. The information for 2011 is provided below:
-What is the constant for the estimating cost equation?
Definitions:
Low Tolerance
A minimal level of patience or ability to endure something, especially discomfort, opposing opinions, or behaviors.
Inappropriate Activity
Actions or behaviors that are not suitable or proper in a given context or situation.
Intelligence
The capacity to understand the world, think with rationality, and use resources effectively when faced with challenges.
Rationality
The quality of being based on or in accordance with reason or logic.
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