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A key assumption of conventional CVP (cost volume profit) analysis is that: total revenues increase at a decreasing rate selling price changes justify changes in

A key assumption of conventional CVP (cost volume profit) analysis is that:

		total revenues increase at a decreasing rate
		selling price changes justify changes in predicted volume, Q
		the organization faces a downward sloping demand curve
		variable costs behave in a step cost manner
		revenue and cost functions are linear

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