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The cost function y = 1,000 + 5X (Points : 5) A.) represents a fixed cost. B.) is a straight line. C.) has an intercept
The cost function y = 1,000 + 5X (Points : 5)
A.) represents a fixed cost.
B.) is a straight line.
C.) has an intercept of five.
D.) has a slope coefficient of 1,000.
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