Question: What assumption ( s ) are frequently made when estimating a cost function? A . Variations in the level of a single activity explain the

What assumption(s) are frequently made when estimating a cost function?
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.
What assumption(s) are frequently made when estimating a cost function? A.

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