Figure 3-9.The following cost formula was developed using monthly data for a retail clothing store.Total cost = $75,620 + ($242 * number of customers)
-Refer to Figure 3-9. The term "number of customers"
A) is the independent variable.
B) is the dependant variable.
C) is the intercept.
D) is the variable rate.

Question

Quizplus · Accepted Answer

The "number of customers" is the independent variable because it is the factor that influences the total cost, not the outcome of it. The cost formula shows that total cost changes based on the number of customers, making the number of customers the independent variable that the total cost depends on.