y = a + bX represents the general form of the linear cost function.

Name: y = a + bX represents the general form of the linear cost function.
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This statement is true. In the general form of the linear cost function, y represents the total cost, a represents the fixed cost, b represents the variable cost per unit, and X represents the number of units produced. Therefore, the formula y = a + bX represents the linear relationship between total cost and the number of units produced.

Y = a + BX Represents the General Form of the Linear