The High-Low Method Can Be Used to Approximate a Cost

question 122

Multiple Choice

The high-low method can be used to approximate a cost function.A disadvantage of this method is ________.

• A) it is difficult to apply due to rigorous calculations
• B) it is very costly to use
• C) it takes a long time to measure a cost function
• D) it makes inefficient use of information because it does not use all the available data

---

Definitions:

Static Website

A website that delivers the same content to all users, consisting of web pages with fixed content coded in HTML.

Historical Facts Page

A webpage or section of a website dedicated to presenting factual information about historical events.

Blog

A regularly updated website or web page, typically run by an individual or small group, that is written in an informal or conversational style.

Domain Name

The human-readable address of a website on the Internet, which is translated into IP addresses by DNS for locating the site's hosting server.