Chris J
Headphoneus Supremus
I'm just guessing: The ten EQ bands have no hard boundaries, but permeate and thus add to each other. So if you care for a flat response between as large as possible an aera, you necessarily end up with dropping-off extremes, since outside of them there are no frequency bands anymore which would add to the curve, compensating for the individual drop-offs outside of their center frequencies.
Yes, that is essentially correct.
The EQ bands do overlap and will add to each other, for example, if you boost adjacent bands, the two bands will combine to boost the frequencies between the centre frequencies of the bands..