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Q1. Why might an organization enter a leasing arrangement? Based on a hypothetical example or a situation explain in detail . Q2. Briefly describe what

Q1. Why might an organization enter a leasing arrangement? Based on a hypothetical example or a situation explain in detail .

Q2. Briefly describe what happens to each of the following as volume increases. Assume all values stay within their relevant range.

a. Total fixed cost?

b. Total variable cost?

c. Fixed cos-t per unit?

d . Variable cost per unit?

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