Break-Even Analysis Usually Assumes All of the Following Except

question 23

Multiple Choice

Break-even analysis usually assumes all of the following except:

• A) in the short run,there is no distinction between variable and fixed costs.
• B) revenue and cost curves are straight-lines throughout the analysis.
• C) there appears to be perfect competition since the price is considered to remain the same regardless of quantity.
• D) the straight-line cost curve implies that marginal cost is constant.
• E) both c and d

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