please put all answers with work in a graoh if you can, thanks!

Question 2: Should you reduce the price or increase advertising? The selling price is $20/unit, variable costs are $10/unit, and fixed costs are $3,000 in total, Sales volume decreased to 200 units because of a recession You are considering two options to stimulate sales (1) Reduce the price to $18/unit. This will increase sales volume by 20% (2) Buy additional advertising for $300 and keep the original price. This will increase sales volume by 20% Use the gross approach to decide whether you should do nothing (the status quo), reduce the price, or increase advertising. status quo (1) reduce the price (2) increase advertising Volume in units 200 24 Ravenue $ 4000 S $ Variable costs $2000 ER S Contribution margin 53000 5 Fixed costs 53000 5 5 Profit 5 (1000) $ (1000) S enter losses as a negative number a loss of $500 should be entered as 500, not as (500) or (6500) What should you do? Increase advertising Do nothing Reduce the price Www Sorter for Response AVON