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In describing the cost formula equation Y = a + bx, which of the following statements is correct? Multiple Choice The X term is the dependent variable. The a term is the fixed component In the high-low method, the b term equals change in activity divided by change in costs. As the X term increases, the Y term decreases.

In describing the cost formula equation Y = a + bx, which of the following statements is correct? Multiple Choice The X term is the dependent variable. The a term is the fixed component In the high-low method, the b term equals change in activity divided by change in costs. As the X term increases, the Y term decreases.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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In describing the cost formula equation Y = a +bX, which of the following statements is correct? Multiple Choice The X term is the dependent variable. The a term is the fixed component. In the high-low method, the b term equals change in activity divided by change in costs. As the X term increases, the Y term decreases.
Transcribed Image Text:In describing the cost formula equation Y = a +bX, which of the following statements is correct? Multiple Choice The X term is the dependent variable. The a term is the fixed component. In the high-low method, the b term equals change in activity divided by change in costs. As the X term increases, the Y term decreases.
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