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Regression analysis

Zzquad10y ago
If TC = 4Q 60 where Q is the no of units produced per month and TC is total cost in a month which is correct. ? A. VC = 600 /unit , FC =4 per month B. Annual fixed cost = 28800 C.annual fixed cost = 7200 D. Variable cost = 4 / unit , FC = 7200/ month
John MoffatJohn MoffatTutor10y ago#1
You have not typed the question correctly. TC = 4Q 60 does not make any sense.
Zzquad10y ago#2
I am sorry .. Its TC = 4Q + 600
John MoffatJohn MoffatTutor10y ago#3
In that case the variable cost is $4 per unit and the fixed cost is 600 a month (therefore 7200 a year). Have you watched the lectures on regression analysis?
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