Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. you were at a recent presentation at a science ven

You were at a recent presentation at a science venue. The main presenter stated: The...

70.2K

Verified Solution

Question

Accounting

You were at a recent presentation at a science venue. The main presenter stated: The cost-volume-profit chart is really easy to understand. It basically shows that total cost increases at a faster rate than total variable cost with both starting at the point of origin. Also, average variable cost declines as quantity of production increases and average fixed cost increases as quantity of production increases. The production above the breakeven point also leads to losses with a maximum loss of infinity. And finally, as quantity of production declines the total revenue declines at an ever decreasing rate.

Required: Is the presenter correct? Clarify any statements you feel are incorrect with the presenters statements.

all information is there if u dont know how to solve it dont take any question

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students