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Elmen96 Elmen96
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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
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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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Heavy Heart
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thank you
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