In Describing the Cost Formula Equation Y = a

question 138

Multiple Choice

In describing the cost formula equation Y = a + bX,which of the following statements is correct?

• A)"X" is the dependent variable.
• B)"a" is the fixed component.
• C)In the high-low method,"b" equals change in activity divided by change in costs.
• D)As "X" increases "Y" decreases.

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Definitions:

Extrinsic Rewards

Benefits or incentives given to motivate behavior that are external to the task itself, such as money, grades, or accolades.

ERG Theory

A motivational theory proposed by Clayton Alderfer that categorizes human needs into existence, relatedness, and growth categories.

Satisfied Needs

The condition of having one's basic or specific desires fulfilled or met.

Motivational Impact

The effect of different factors on an individual's drive or incentive to perform tasks and goals.