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Which one of the following statements about costs is correct? The higher the total costs, the larger the net present value of a project. Total
Which one of the following statements about costs is correct?
The higher the total costs, the larger the net present value of a project.
Total costs will decrease as the variable cost per unit increases, all else held constant.
A decrease in total fixed costs will increase the net present value of a project, all else held constant.
An increase in the variable cost per unit will increase the contribution margin, all else held constant.
Total costs will be greater under the best-case scenario than under the base-case scenario.
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