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Linear Equation and Business

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Why is it important to understand linear equations in business? What are some examples of how the concept of linear equations are used in your organization?

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Hi,

Linear equations have several uses on business, especially on projections of market and future values. For example, if I am a producer of a concert and I want to determine the ticket cost for the concert, then I simply use linear equation. If I project that 20,000 people will attend the concert due to the ...

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