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Assessment 5: (Algo) Clipper Company sells two types of nail clippers... LO 3-6 Clipper Company sells two types of nail clippers. One focuses on the economy oriented customer and the other aims to satisfy the high-end clientele. The economy clipper costs $10 and has a sales price of $16. The high-end model costs $16 and sales for $24. Fixed costs associated with this product line amount to $60,060. Economy clippers constitute 70 percent of the market with the remaining 30 percent being high-end clippers. Assume Clipper Company currently sells 10,500 units of clippers and earns a $26,400 profit. Management believes the profitability can be improved by shifting the sales mix to 60 percent share for the economy line and 40 percent for the high-end line. The company believes it can continue to sell a total of 13,100 under the new sales mix. If management is able to accomplish the shift in sales mix Multiple Choice Multiple Choice profit will increase by $2620. profit will increase by $29,020. O profit will decrease $26.400. O profit not be affected