Question: In describing the cost formula equation Y = a + bX , which of the following statements is correct? a . As the X term

In describing the cost formula equation Y = a + bX, which of the following statements is correct?
a.
As the X term increases, the Y term decreases
b.
In the high-low method, the b term equals change in activity divided by change in costs
c.
The X term is the dependent variable
d.
The a term is the fixed component

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