Question: Question content area top Part 1 What assumption ( s ) are frequently made when estimating a cost function? Question content area bottom Part 1

Question content area top
Part 1
What assumption(s) are frequently made when estimating a cost function?
Question content area bottom
Part 1
A.
Variations in the level of a single activity explain the variations in the related total costs.
B.
Cost behavior is approximated by a linear function within the relevant range.
C.
Both of the above.
D.
Neither of the above.

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