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Sagot :
It is true that cost-volume-profit analysis can be used to predict the effects of reduced selling prices, increased fixed costs, and reduced variable costs on break-even points
CVP analysis
The CVP analysis serves all the elements stated in the statement to be able to calculate the break-even point and, as an effect, it will also be able to announce the break-even point when any or all of them change in any direction.
- Costs refer to the fixed and variable costs incurred by the business.
- Volume refers to the number of products sold.
- Profit refers to the amount of money the company makes given the price of the product sold, the volume of products sold, and the fixed and variable costs of the company.
For more about CVP Analysis here https://brainly.com/question/27585018
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