Question: In describing the cost formula equation, Y = a + bX, which of the following is correct: Select one: a.X is the number of units

In describing the cost formula equation, Y = a + bX, which of the following is correct: Select one:

a."X" is the number of units

b."Y" is the independent variable

c."a" is the fixed cost per unit

d."a" is the variable cost per unit

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