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Elmen96 Elmen96
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8 years ago
The total cost of reaching consumers (C) depends upon the number of consumers (N), advertising costs (A), and transportation costs (T). The linear cost prediction model is represented as:
C = c - nN + aA + tT
where c, n, a, and t are constants and c estimates the total cost when the remaining variables are zero.

Which of the following interpretations is true about this model?
A) When variables N, A, and T are zero, C = c - n + a + t.
B) As n decreases, c will increase.
C) Change in variables N, A, and T will not reflect any changes in c.
D) Change in variables N, A, and T will cause n, a, and t to change.
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Business Analytics

Business Analytics


Edition: 2nd
Author:
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kelbakelba
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Elmen96 Author
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8 years ago
Thank you so much White Checkmark White Checkmark
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8 years ago
Heavy Heart
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4 years ago
thank you
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