The Following Cost Formula Was Developed Using Monthly Data for Montreal

question 28

Multiple Choice

The following cost formula was developed using monthly data for Montreal Clothing Store.Total cost = $75,620 + ($242 × number of customers)
-Refer to the Figure.What does "total cost" represent?

• A)the independent variable
• B)the dependant variable
• C)the intercept
• D)the variable rate

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