Question: he following cost formula was developed by using monthly data for a hospital. Total cost = $51,400 + ($125 x Number of patient days) In

he following cost formula was developed by using monthly data for a hospital. Total cost = $51,400 + ($125 x Number of patient days) In the cost formula, the term $51,400 a. is the dependent variable. b. is the variable rate. c. is the intercept. d. is the independent variable. e. cannot be determined from the above formula

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