Question: In response to a request from your immediate supervisor, you have prepared a CVP graph portraying the cost and revenue characteristics of your companys product

In response to a request from your immediate supervisor, you have prepared a CVP graph portraying the cost and revenue characteristics of your company’s product and operations. Explain how the lines on the graph and the break-even point would change if

(a) The selling price per unit decreased,

(b) Fixed cost increased throughout the entire range of activity portrayed on the graph and

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