Only a single line, which represents the difference between total sales revenues and total costs, is plotted on the profit-volume chart.

Name: Only a single line, which represents the difference between total sales revenues and total costs, is plotted on the profit-volume chart.
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Question

Quizplus · Accepted Answer

A profit-volume (PV) chart plots only the difference between total sales revenues and total costs, showing how profit or loss changes with the volume of output.

Only a Single Line, Which Represents the Difference Between Total