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4. Determine the following for the equation y = vx – 1.

User Nkh
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Answer:

this isnt the answer but it helps solve the equation so here is a little explanation

Explanation:

Cost Equation

-Is a mathematical equation for a straight line, to predict total cost.

-Total cost = total variable cost + total fixed cost or Y = vx + f

-Y = total mixed cost

v = variable cost per unit of activity

x = volume of activity

f = fixed cost over a given period of time

User Num Lock
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