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In describing the cost formula equation Y = a + bx, which of the following statements is correct? A B a is the fixed

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In describing the cost formula equation Y = a + bx, which of the following statements is correct? A B "a" is the fixed component. "X" is the dependent variable. As "X" increases "Y" decreases. D In the high-low method, "b" equals change in activity divided by change in costs.

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