Find an Equation of the Line Containing the Given Pair

question 36

Multiple Choice

Find an equation of the line containing the given pair of points
-(-8, -4) and (-6, 3)

• A) y = 2x + 24
• D) y = - 2x + 24

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Definitions:

Contribution Margin

The margin between the income from sales and the costs that vary, pointing out the contribution towards absorbing fixed charges and producing profits.

Variable Manufacturing Costs

Costs of production that fluctuate with the volume of output, including expenses like raw materials and direct labor.

Variable Selling

Costs related to selling activities that vary with sales volume, distinct from fixed sales costs.

Fixed Manufacturing Overhead

Regular, unchanging costs associated with operating a manufacturing facility, excluding variable costs, such as rent, utilities, and salaries for management.