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In the cost equation y​ = vx​ + f the term ​"v" stands for
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In the cost equation y​ = vx​ + f the term ​"v" stands for

User Joelion
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V is the variable cost per unit.

In other words, it is the slope of the function. It is the amount that the cost is going up each unit. It is the change in the equation. The F would be the starting or fixed cost.
User Udpsunil
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