Answer C.

Ivanhoe Proties provides testing services to school dintricts that wish to assest atuderts' reasing and mathemstical abilities Latt vear Ivanhoe evaluated 33000 math tents and 11.000 reading tests An incone statenent for lat year folows. (a) What is Ivanhoe's breabeven point in sales dollars? (We your anwer of treakeven unibs to coinilste the tresieven point in dollarz Rourd Brecieven units and point in dollar to 0 decinal placrs, is 5275 ) Breakevensiles: $ eTextbook and Media Artempts: 1 of 3used (b) In an effoct to ralse the demand far resding this, managers are planning ta lowor the price fram $4 per teat to $30 per teit, the current price of the math teit. Ther belicve that doins 30 will increme the demand for readine teis to 33,000 . Prepure a contratution formut ineome utatement refiecting lvanhoe inew ogicing and deinund itruetire. In an effort to ralse the demand for reading test, manugers are plamine to lower the price from $46 per test to $30 per tent, the carrent price of the math teit. They belicve that doing so will increase the demand for reading tests to 33,000 . Propare a contribution tormat inconte staterent reflecting tvanhoes sew peicine and demand structure. eTextbook and Media Attempts 2 of 3 used {c) - Your ammer a partialivicomect. What with be lvanhoe's breakeven point in sales dollarsa this chante is inplemented? (Use your ariwer of breirven unta to Breakerensales 5 Do you recominend that wanhoe make the change