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Which of the following is true if output increases by 20% and is still within the relevant range? a. Contribution margin decreases by 60% b,

Which of the following is true if output increases by 20% and is still within the relevant range? a. Contribution margin decreases by 60% b, Total variable costs increase by 20% C. Total fixed costs increase by 20% d. Net income decreases by 40%. Oc

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