In the equation y = $9.90x + $120,014, "x" represents
A) total fixed costs.
B) number of units produced.
C) total overhead costs.
D) total variable costs.

Question

Quizplus · Accepted Answer

The equation y = $9.90x + $120,014 represents a linear equation for a company's total cost, where "x" represents the number of units produced and "y" represents the total cost. The coefficient "$9.90" represents the variable cost per unit, and "$120,014" represents the total fixed costs. Therefore, "x" represents the number of units produced.

In the Equation Y = $9