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XYZ Company is currently selling its single product for $15. Variable costs are estimated to remain at 70% of the current selling price and fixed costs are estimated to be $4,800 per month. If XYZ increases its selling price by 10%, its variable cost ratio will: Select one: O a. None of the given answers. O b. not change. O c. increase. O d. Cannot determine with the information given. O e. decrease