Q437
An amount by which total cost changes with respect to change in level of activity is classified as
A.
activity coefficient
B.
cost coefficient
C.
change coefficient
D.
slope coefficient
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
An amount by which total cost changes with respect to change in level of activity is classified as slope coefficient. The slope coefficient usually refers to the coefficient of any independent variable, x, in a regression equation.