The Connors Company Has Assembled the Following Data Pertaining to Certain

question 77

Multiple Choice

The Connors Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable.Connors Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.

What is the cost function?

• A)y = $48,000 + $4.80X
• B)y = $24,000 + $4.36X
• C)y = $34,700 + $4.80X
• D)y = $4,000 + $4.00X

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Definitions:

Behaviorists

Psychologists who focus on observable behaviors and the ways in which behaviors are learned, dismissing thoughts and emotions as causes for behavior.

Thorndike

An influential psychologist known for his work on learning theory and the law of effect, which states that actions followed by positive outcomes are more likely to be repeated.

Negative Punishment

A behavior modification technique where a desirable stimulus is removed following an unwanted behavior to decrease the likelihood of that behavior occurring in the future.

Primary

Referring to something that is first in order, importance, or rank.