Use the Following to Answer Questions

question 118

Short Answer

Use the following to answer questions :
y varies directly with x;
y = 8.4 when x = 24.
-Write the variation equation.

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Definitions:

Investment

The process of distributing funds with the aim of earning returns or profits.

Operating Efficiently

The practice of minimizing waste and maximizing resources to achieve optimal productivity and profitability in a business's operations.

Precautionary Motive

A theory explaining the demand for liquidity by individuals and firms as a safeguard against future cash needs and uncertainties.

Safety Margin

The difference between the actual value of a company's sales and the break-even sales, serving as a buffer for unexpected declines in revenue.