Refer to Nova Scotia Accounting Firm. What does $87,100 represent?
A) the intercept
B) the variable rate
C) the dependent variable
D) the independent variable

Name: Refer to Nova Scotia Accounting Firm. What does $87,100 represent? A) the intercept B) the variable rate C) the dependent variable D) the independent variable
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Question

Quizplus · Accepted Answer

$87,100 represents the intercept, which is the fixed cost or base amount in a cost function before any variable costs are added.