e Lett:0.10 Question 7 (1 point) If a firm has a lower variable cost as a percent of selling price (and hence a higher contribution margin as a percent of selling price) what would be true about the volume increase that would be required to offset a given price decrease. 1) It would be impossible to tell without more information 2) The volume increase would be less ( 3) The volume increase would be more 4) The volume offset would be the same. Page 7 of 10 Next Page