Business Mathematics Practice Tests
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The type of linear function written as quantity supplied = ƒ(market price) is classified as
In the graph of function demanded quantity = ƒ(price per unit), the variable which is to be plotted on the y-intercept is
When the linear function of cost and revenue have same variables then the profit function have
In the graph of function demanded quantity = ƒ(price per unit), the variable which is to be plotted on the x-intercept is
The function which states that value of variable y is directly proportional to any change in the variable x value is called
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