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To determine the slope of the variable cost from a scatter diagram, divide the change in units by the change in cost.
Communication Process
The series of steps through which information is transmitted and received between two or more parties, encompassing encoding, sending, receiving, and decoding.
Key Elements
Essential parts or aspects that form the basis of something, often determining its success or effectiveness.
Describe
To explain or detail the characteristics, properties, or functions of something using words.
List
A collection or enumeration of items, names, or other data points often organized systematically.
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