The description in mathematical form to represent changes in cost, with level of

Question

The description in mathematical form to represent changes in cost, with level of activity related to that cost is classified as

Options:

A . cost function

B . revenue function

C . unit function

D . relative function

Answer: Option A
Answer: (a).cost function

Was this answer helpful ?

Next Question

More Questions on This Topic :

Question 1. In step cost functions, the cost is increased by....

Question 2. In linear cost function, the fixed cost is considered as....

Question 3. The individual activities such as machine setups, material handling, customer service and distribution of products are a....customer service and distribution of products are a part of

Question 4. The second step for estimation of cost function by using quantitative analysis is to....

Question 5. The goodness of fit predicted values is also known as....

Question 6. In regression analysis, if the observed cost value is 62 and predicted cost value is 29, then the disturbance term would....cost value is 29, then the disturbance term would be

Question 7. An estimation of relationship between one independent variable and the dependent variable is known as....

Question 8. The factor used to predict the dependent variable is named as....

Question 9. The higher level of production leads to....

Question 10. The method of estimation of cost function, by making the opinions and analysis about cost and cost drivers is classified....and analysis about cost and cost drivers is classified as

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0