Using the High-Low Method, the Estimate of the Fixed Component

question 53

Multiple Choice

Using the high-low method, the estimate of the fixed component of electrical cost per month is closest to:

• A)$7,371
• B)$5,731
• C)$5,875
• D)$5,840

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Definitions:

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A metric unit of length equal to one-thousandth of a meter, commonly used to measure small distances or objects.

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A technique used to clear mucus from the airways, involving taking a breath in and then exhaling forcefully.