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Figure 3-9

Question 1

Multiple Choice

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 "total cost"


A) is the independent variable.
B) is the dependant variable.
C) is the intercept.
D) is the variable rate.

Correct Answer:

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