Calculate the variable and fixed components. Write the cost equation and define the variables (x = ?; y = ?) then list the volume data in one column and the associated cost data in the next column.
I have tried on this but I just can't figure it out. I don't know what the fixed components are or how to find the volume data/associated cost. I'm sure it's very simple but I'm stressed and sick so my mind is not in the right place. So sorry but I've been trying for a couple of hours. Please help and show how I can solve this.
