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Suppose you know that the break-even point for a new service is 1000 patient visits. Which of the following statements is false? a. Fixed costs
Suppose you know that the break-even point for a new service is 1000 patient visits. Which of the following statements is false?
a. Fixed costs divided by contribution margin must be 1000.
b. Reducing fixed costs would reduce the break-even point.
c. Increasing variable costs would decrease the break-even point.
d. Increasing price would decrease the break-even point.
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