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1) How does cost behavior help in developing an understanding of the cost-volume-profit analysis? 2) When fixed costs increase what happens to the break-even point?
1) How does cost behavior help in developing an understanding of the cost-volume-profit analysis?
2) When fixed costs increase what happens to the break-even point? Why?
3) Discuss a few examples of when knowing cost-volume-profit analysis can help make better decisions?
Thank you in advance!
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