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If the fixed costs for a product increase, what will be the effect on the contribution margin ratio and the break-even point. respectively? O
If the fixed costs for a product increase, what will be the effect on the contribution margin ratio and the break-even point. respectively? O Contribution margin ratio will decrease; breakeven point will decrease. O Contribution margin ratio will stay the same; breakeven point will increase. Contribution margin ratio will increase; breakeven point will decrease. Contribution margin ratio will increase; breakeven point will increase.
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