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Which is less risky, higher levels of fixed costs or higher levels of variable costs? Why? One more thing, regarding breakeven analysis, what do I

Which is less risky, higher levels of fixed costs or higher levels of variable costs? Why? One more thing, regarding breakeven analysis, what do I use this for? If I'm looking at my results for last year, why do I care what my breakeven point was? Please explain breifly, and provide exmaples. Thank you.

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