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B4: Suppose a firm with a contribution margin ratio of 30% increased its advertising expenses by $10,000 and found that sales increased by $30,000. Was

image text in transcribed B4: Suppose a firm with a contribution margin ratio of 30% increased its advertising expenses by $10,000 and found that sales increased by $30,000. Was it a good decision to increase advertising expenses? Why is this simple problem an important one for business people to understand

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