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What assumption ( s ) are frequently made when estimating a cost function? A . Cost behaviour is approximated by a linear function within the

What assumption

(

)

are frequently made when estimating a cost function?

.

Cost behaviour is approximated by a linear function within the relevant range.

.

Variations in the level of a single activity explain the variations in the related total costs.

.

Both of the above.

.

Neither of the above.

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