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Cost-volume-profit (CVP) analysis is used to seek answers to questions such as: What will happen to the profit if the firm increases its selling price

Cost-volume-profit (CVP) analysis is used to seek answers to questions such as: What will happen to the profit if the firm increases its selling price by 15%? Discuss the following under CVP analysis (present graphical representations where applicable):

i. The break-even graph

ii. The contribution graph

iii. The profit graph

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