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Determine the coefficient and the degree of each term in the polynomial
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Cost Behavior
The way in which a cost reacts to changes in the level of activity.
Mixed Cost
A cost that contains both variable and fixed cost elements.
Sales In Units
The total number of individual items or units sold by a company within a specific period.
High-Low Method
A technique used in financial analysis to estimate fixed and variable components of a cost by analyzing the highest and lowest levels of activity and their corresponding costs.
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