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The High-Low Method Can Be Used to Approximate a Cost

Question 122

Multiple Choice

The high-low method can be used to approximate a cost function.A disadvantage of this method is ________.


A) it is difficult to apply due to rigorous calculations
B) it is very costly to use
C) it takes a long time to measure a cost function
D) it makes inefficient use of information because it does not use all the available data

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