Maize Plastics manufactures and sells 50 bottles per day. Fixed costs are $30,000 and the variable costs for manufacturing 50 bottles are $10,000. Each bottle is sold for $1,000. How would the daily profit be affected if the daily volume of sales drop by 10%?

a.profits are reduced by $4,000

b.

profits are reduced by $1,000

c.

profits are reduced by $6,000

d.

profits are reduced by $5,000