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Vivo Electronics sells clectronic tablets. The following are monthly are from a recent month in which 1,600 units were sold. Total Per Unit Sales $640,000

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Vivo Electronics sells clectronic tablets. The following are monthly are from a recent month in which 1,600 units were sold. Total Per Unit Sales $640,000 $400 VC 352,000 220 CM 288,000 180 FC 168,000 Net Income 120,000 If the company decides to lower price from $400 to $380 to stimulate sales and units sold increase to 1,700 units, should Vivo lower the price? Yes, net income will increase by $16,000. Yes et income will increase by $4,000. No, net income will decrease by $16,000. No, net income will decrease by $8,000. None of the above

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