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1) Cost-volume-profit analysis is a useful tool. What is cost-volume-profit analysis? Describe a business scenario where cost-volume-profit analysis would be useful and explain why 2)

1) Cost-volume-profit analysis is a useful tool. What is cost-volume-profit analysis? Describe a business scenario where cost-volume-profit analysis would be useful and explain why

2) A 10% increase in the selling price will have the same impact as a 10% decrease in variable expenses per unit.

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