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Question 3 In describing the cost formula equation Y = a + bx, which of the following statements is NOT correct? A As X increases

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Question 3 In describing the cost formula equation Y = a + bx, which of the following statements is NOT correct? A As "X" increases "Y" increases. B "X" is the level of activity. In the high-low method, "b" equals change in activity divided by change in costs. "a" is the fixed component

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