List six step in estimating a cost function.
1. choose dependent variable.
2. identify independent variables.
3.collect data on variables.
4.Plot Data.
5. Estimate cost function.
6.Evaluate cost driver of the estimated cost function.
List six step in estimating a cost function.
1. choose dependent variable.
2. identify independent variables.
3.collect data on variables.
4.Plot Data.
5. Estimate cost function.
6.Evaluate cost driver of the estimated cost function.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.