In the Formula Y = a + BX,y Represents

question 122

Multiple Choice

In the formula y = a + bX,y represents

• A)fixed costs.
• B)total cost.
• C)variable costs.
• D)mixed costs.

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Definitions:

Notice

Formal communication or warning, often required by law or agreement, to inform a party about an action or condition.

Intended Beneficiary

A third party for whom a contract is created to benefit, giving them certain rights to enforce the contract.

Contract

A legally enforceable agreement between two or more parties that creates mutual obligations enforceable by law.

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