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Which per unit cost does the slope of the total cost line represent? Group of answer choices Fixed Variable. Semivariable Step-variable

Sagot :

Parrain

Answer: Variable cost

Explanation:

The slope of a regression line is meant to represent the change in the total variable or y, as a result of a change in the number of independent observations or x.

The cost that changes during production as a result of an increase in x which is the volume of products, is the variable cost so it is the slope of the total cost line,

Slope of total cost line:

y = mx + c

y = total cost

m = variable cost. m is also slope.

x = production volume

c = fixed cost

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