Figure 3-1. Total cost = Fixed cost + (Variable Rate ´ Output)
Refer to Figure 3-1.In the cost formula above which element would be the dependent variable?
A)variable rate
B)fixed cost
C)total cost
D)output

Question

Quizplus · Accepted Answer

The Answer of Figure 3-1. Total cost = Fixed cost + (Variable Rate ´ Output)
Refer to Figure 3-1.In the cost formula above which element would be the dependent variable?
A)variable rate
B)fixed cost
C)total cost
D)output