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In the cost function expression Total costs = a + b(X), X represents the number of units produced. What do a and b represent? Group
In the cost function expression Total costs = a + b(X), X represents the number of units produced. What do a and b represent? Group of answer choices a is total costs; b is variable costs per unit a is piece rate costs; b is variable costs per unit a is simple costs; b is direct costs per unit a is inflation; b is labor costs per unit
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