The Following Cost Formula Was Developed Using the Monthly Data

question 234

Multiple Choice

The following cost formula was developed using the monthly data for an accounting firm. Total cost = $87,100 + ($210 × number of tax returns)
The term "number of tax returns"

• A) is the independent variable.
• B) is the dependent variable.
• C) is the intercept.
• D) is the variable rate.

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Definitions:

Classical Conditioning

A training technique in which two stimuli are paired repeatedly; the response initially caused by the second stimulus becomes triggered by the first stimulus after some time.

Conditioned Response

A learned response to a previously neutral stimulus after it has been repeatedly paired with an unconditioned stimulus.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without prior learning or conditioning.

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention. In classical conditioning, it becomes associated with an unconditioned stimulus.