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Business Mathematics in Canada, 4/e
F. Ernest Jerome
Applications of Linear Equations
Learning Objectives
After completing this chapter, you will be able to:
Solve two linear equations in two variables
Solve problems that require setting up two linear equations in two variables
Graph a linear equation in two variables
Perform linear cost-volume-profit and break-even analysis employing:
The contribution margin approach
The algebraic approach of solving the cost and revenue functions
A break-even chart
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