Question: The cost function y = 1,000 + 5X (Points : 5) A.) represents a fixed cost. B.) is not a straight line. C.) has an
The cost function y = 1,000 + 5X (Points : 5)
A.) represents a fixed cost.
B.) is not a straight line.
C.) has an intercept of 1,000.
D.) has a slope coefficient of 1,000.
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