Cost-Volume-Profit v Subscribe Respond to the following statements. If appropriate, include personal experience in your response: . The business world is constantly changing, and managers must prepare for increases in operating costs and compete with competitors on pricing and quality of products and services. Discuss how managers can use CVP to respond to changes in economic conditions. Give an example of how you can use CVP to change sales prices or variable costs. Try to use a different example than what your classmates posted