Mathematics, 07.07.2021 23:50 moorega2100
The linear equation Y = a + bX is often used to express cost formulas. In this equation:
a) the b term represents variable cost per unit of activity.
b) the a term represents variable cost in total.
c) the X term represents total cost.
d) the Y term represents total fixed cost.
Answers: 3
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The linear equation Y = a + bX is often used to express cost formulas. In this equation:
a) the b t...
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