In the equation y = $11.75x + $550, "x" represents
A)number of units produced.
B)total fixed costs.
C)total costs.
D)none of the above.

Name: In the equation y = $11.75x + $550, "x" represents A)number of units produced. B)total fixed costs. C)total costs. D)none of the above.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

In the equation y = $11.75x + $550, the coefficient of "x" is $11.75, which indicates the cost per unit produced. Therefore, "x" represents the number of units produced.

In the Equation Y = $11