Question

4. Determine the following for the equation y = vx – 1.

Answer 1

Answer:

this isnt the answer but it helps solve the equation so here is a little explanation

Step-by-step explanation:

Cost Equation

-Is a mathematical equation for a straight line, to predict total cost.

-Total cost = total variable cost + total fixed cost or Y = vx + f

-Y = total mixed cost

v = variable cost per unit of activity

x = volume of activity

f = fixed cost over a given period of time