Question: Question 2 3 The cost - volume - profit ( CVP ) profit - planning model assumes that over the relevant range of activity: Only
Question
The costvolumeprofit CVP profitplanning model assumes that over the relevant range of activity:
Only revenues are linear.
Only revenues and fixed costs are linear.
Only revenues and variable costs are linear.
Variable cost per unit decreases because of increases in productivity.
Both revenues and total costs are linear.
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