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Y equals a plus bx

04/10/2021 Client: muhammad11 Deadline: 2 Day

In describing the cost formula equation Y = a + bX, which of the following statements is correct? A) The X term is the dependent variable. OB) The a term is the fixed component. c) In the high-low method, the b term equals change in activity divided by change in costs. OD) As the X term increases the Y term decreases.

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