In the equation y = $7.20x + $790, "y" represents

Name: In the equation y = $7.20x + $790, "y" represents
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The equation y = $7.20x + $790 represents a linear equation where y represents the total cost and x represents the number of units. The fixed cost component in this equation is $790, and the variable cost component is $7.20 per unit. Therefore, the correct answer is B, total costs.

In the Equation Y = $7