Question: 20 Help Save & Exit Submit Check my work OceanGate sells external hard drives for $280 each. Its total fixed costs are $40 million, and

20 Help Save & Exit Submit Check my work OceanGate sells external hard drives for $280 each. Its total fixed costs are $40 million, and its variable costs per unit are $230. The corporate tax rate is 30% of the economy is strong, the firm will sell 2 million drives, but if there is a recession, it will sell only half as many a. What will be the percentage decline in sales if the economy enters a recession? 9:45) Percentage decline in sales inces b. What will be the percentage decline in profits if the economy enters a recession? Percentage decline in sales @ 9 $ 6 and Windows @ 7

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