Find the Y-Intercept for the Following: 3x - 5y =

question 55

Multiple Choice

Find the y-intercept for the following: 3x - 5y = 60

• A) 12
• B) -12
• C) 60
• D) -60
• E) -5

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Definitions:

Overbooking

A strategy used in various industries where more reservations or orders are accepted than can be accommodated, based on expected cancellations or no-shows.

Excessive Cancellations

A situation where there is a higher than normal rate of order cancellations, which can disrupt operations and planning in businesses.

Marginal Revenue

The additional income received from selling one more unit of a product or service.

Higher Price Segment

Refers to the market segment that is targeted with products or services priced at a premium, often reflecting higher quality or value.