In a regression equation, variable costs per unit are represented by the
A) Slope
B) Intercept
C) Adjusted R-square coefficient
D) t-statistic

Question

Quizplus · Accepted Answer

The variable costs per unit would be represented by the slope of the regression equation, as it shows the change in the dependent variable (costs) for every one unit increase in the independent variable. The intercept represents the fixed costs, which are independent of the number of units produced. The adjusted R-square coefficient and t-statistic are measures of the overall fit and statistical significance of the regression equation, respectively.

In a Regression Equation, Variable Costs Per Unit Are Represented