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16. Charriott sells a single product at $14 per unit. The firm's most recent income statement revealed unit sales of 80,000, variable costs of $800,000,

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16. Charriott sells a single product at $14 per unit. The firm's most recent income statement revealed unit sales of 80,000, variable costs of $800,000, and fixed costs of $560,000. Management believes that a $3 drop in selling price will boost unit sales volume by 20%. Which of the following correctly depicts how these two changes will affect the company's break-even point? Decrease Increase in Sales Price Increase in Sales Volume A. Increase Increase B. Increase Increase C. Decrease Increase D. Decrease Increase E.Increase No effect

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