While hiking the Appalachian Trail, Siddhant ran into Bear Grylls. While discussing Cost-Volume-Profit (CVP) analyses, Siddhant correctly stated that said that a CVP analysis does not assume, which of the following?

multiple choice

a. Worker efficiency is held constant.

b. There is a linear relationship between cost and volume for both fixed and variable cost.

c. The company produces within the relevant range of activity.

d. Number of units produced is greater than the number of units sold.