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Determine the constant that should be added to the binomial so that it becomes a perfect square trinomial. Then write
and factor the trinomial.
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Relevant Range
The range of activity or volume over which the assumptions about fixed and variable costs are valid.
Variable Cost
Expenses that vary directly with the level of production or sales volume, such as materials, labor, and utility costs.
Contribution Margin
The amount remaining from sales revenue after variable expenses have been deducted, indicating how much contributes to fixed expenses and profit.
Selling Price
The amount for which a product is sold, determined by considering costs, market demand, competition, and other factors.
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