Suppose you are given the following results from a least squares regression performed on a local coffee shop’s weekly cost data. Which of the following statements is true? a. Total weekly variable...

Suppose you are given the following results from a least squares regression performed on a local coffee shop’s weekly cost data.

Which of the following statements is true?

a. Total weekly variable cost is $836.07.

b. The coffee shop incurs $1.69 in variable costs for each customer served.

c. Total weekly fixed costs are $836.07.

d. Both b and c are true.

e. None of the above is true.