If both the fixed and variable expenses associated with a product decrease, what will be the effect on the contribution margin ratio and the break-even point, respectively?

	Contribution margin ratio	Break-even point
i)	Decrease	Increase
ii)	Increase	Decrease
iii)	Decrease	Decrease
iv)	Increase	Increase
v)	Increase	Do not change

Select one:

a. iv)

b. ii)

c. iii)

d. v)

e. i)