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CFA Level 1 Exam

3959 Questions

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Question No. 1

All else equal, which of the following is/are true about break-even point?

I. An increase in the sale price per unit increases the break-even quantity.
II. An increase in the variable cost per unit increases the break-even quantity.
III. An increase in the fixed costs increases the break-even quantity.
Choose the correct option from the given list.
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