What is a linear variable cost? As long as a cost driver is constant, it is a linear variable. Variable costs are classified in a variety of ways, but linear variable costs have the most distinctive ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Earlier this year, Mathematician Ian Stewart came out with an excellent and deeply researched book titled "In Pursuit of the Unknown: 17 Equations That Changed the World" that takes a look at the most ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

In cost accounting, an accountant often uses the information about costs during a certain period to project future expenses. There are several methods the accountant may use for his estimations, ...