Question

Under the Least Squares method of separation of semi-variable costs into fixed and variable costs, the linear equation y = mx + c is used. In this equation, the variable 'm'denotes __________.

A Total fixed cost
B Variable cost per unit
C Total cost
D Volume of production
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)