erinbyrne8415 erinbyrne8415
  • 07-04-2018
  • Mathematics
contestada

In the cost equation y​ = vx​ + f the term ​"v" stands for

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MrEquation
MrEquation MrEquation
  • 17-04-2018
V is the variable cost per unit.

In other words, it is the slope of the function. It is the amount that the cost is going up each unit. It is the change in the equation. The F would be the starting or fixed cost.
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