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Business, 10.03.2020 03:30 Teenabrewer28

In describing the cost formula equation Y = a + bX, which of the following statements is correct? A. "b" is the fixed component. B. In the high-low method, "b" equals change in activity divided by change in costs. C. As "X" increases "Y" decreases. D. "Y" is the dependent variable.

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In describing the cost formula equation Y = a + bX, which of the following statements is correct? A....
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