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With regard to assumed cost behavior, which of the following statements is NOT CORRECT? Group of answer choices We assume that selling prices do not

With regard to assumed cost behavior, which of the following statements is NOT CORRECT?

Group of answer choices

We assume that selling prices do not change.

We assume that fixed expenses are constant in total within the relevant range.

We assume that volume is the only factor affecting total cost.

We assume that variable costs go down as volume goes up.

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