When estimating a cost function,cost behaviour can be approximated by a linear cost function within the relevant range.

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Within the relevant range, the cost behaviour can be approximated by a linear cost function. This means that for factors that affect the cost within a certain range, the change in the cost is proportional to the change in the factor. However, outside of the relevant range, this relationship may not hold true and the cost may exhibit non-linear behaviour.

When Estimating a Cost Function,cost Behaviour Can Be Approximated by a Linear