Mossfeet Shoe Corporation is a single product firm. The company is predicting that a price increase next year will not cause unit sales to decrease. What effect would this price increase have on the following items for next year? ContributionMargin RatioBreak-evenPointA)IncreaseDecreaseB)DecreaseDecreaseC)IncreaseNo effectD)DecreaseNo effect
A. Choice A
B. Choice B
C. Choice C
D. Choice D
Answer: A
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