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IVY SOFTWARE BUSINESS MATH AND STATISTICS EXAM NEWEST COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+|| LATEST EXAM!! $20.49
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IVY SOFTWARE BUSINESS MATH AND STATISTICS EXAM NEWEST COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+|| LATEST EXAM!!
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IVY SOFTWARE BUSINESS MATH AND STATISTICS EXAM NEWEST COMPLETE 300 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+|| LATEST EXAM!! A company is making a product and has invested $100,000 on an advertising campaign and $75,000 each on five ...

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  • October 30, 2024
  • 89
  • 2024/2025
  • Exam (elaborations)
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  • ivy software business
  • ivy softw
  • ivy software business math and statistics exam 20
  • ivy software business math and statistics exam
  • ivy software business math and statistics
  • ivy software business math

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IVY SOFTWARE BUSINESS MATH AND

STATISTICS EXAM 2024-2026 NEWEST

COMPLETE 300 QUESTIONS AND CORRECT

DETAILED ANSWERS WITH RATIONALES

(VERIFIED ANSWERS) |ALREADY GRADED A+||

LATEST EXAM!!




A company is making a product and has invested

$100,000 on an advertising campaign and $75,000

each on five salespeople (annual salary, including

benefits and support). These are the only fixed costs

that the company has assigned to the product, and

the contribution margin per unit is $50. To cover

those fixed costs, how many units will the company

,have to sell to breakeven? - Answer-[($75,000*5) +

$100,000] / $50/unit = 9,500 (breakeven level in

units)




abscissa - Answer-The x-coordinate of a point

(independent variable)




ordinate - Answer-The y-coordinate of a point

(dependent variable)




True/False: the fixed costs for a certain project are

$50 and it costs $2 to produce one unit. The

equation that relates y (total costs) to x (total number

,of units produced) is y = 2 + 50x - Answer-False. It

would be y = 50 + 2x




Which of the following is the monomial expression?

A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6

B) 143x^4 + 3x^4

C) 143x^4 + 78x^4 + 6x^4 + 76 - Answer-B) 143x^4

+ 3x^4 - its the only term where the x's can be added

together to get one term




Write an equation to related total cost to number of

driveways paved.

Asphalt, tar & concrete/driveway = $7,000

, Direct Labor/Driveway = $12,000

Office Expenses & Other Labor = $5,000 - Answer-y

= 19x + 5




Which of the following is the binomial expression?

A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6

B) 143x^4 + 3x^4

C) 143x^4 + 78x^4 + 6x^4 + 76 - Answer-C) 143x^4

+ 78x^4 + 6x^4 + 76 - tis the only term where the x's

can be added together to get two terms




Which of the following is the trinomial expression?

A) 4x^3 + 6x^4 +12x^3 + 45x^4 +6

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