$8.83 * independent variable
A)variable rate
B)fixed cost
C)variable cost
D)cost equation
E)coefficient of determination

Question

Quizplus · Accepted Answer

The expression $8.83 F1F1F1S1\cdot F1F1F10$ represents a variable cost because it varies directly with the independent variable (whatever $F1F1F10$ represents). A fixed cost would be independent of any variable, and a variable rate would involve a rate (such as dollars per hour) rather than a specific numerical expression. A cost equation and a coefficient of determination would require more information to be calculated.

$8.83 * Independent Variable