Great Ideas Co. currently sells only one produce for $7.50 per unit. The variable costs represent 60% of sales and the fixed costs are $ 30,000, Management is considering to decrease the selling price to $ 6.00 per unit in the hope of increasing sales volume. REQUIRED: What will be the contribution Margin Ratio (%) if the selling price is lowered? a. 25% b.60% c. 20% d. 40% the next question prevents changes to this