The objective of providing remedies for the breach of a sales contract is to: Select one: a. punish or penalize the party responsible for breaching the contract. b. encourage parties to rely on trade practices rather than express terms. c. put the injured person in the same position as if the contract has been performed. d. encourage parties to rely on oral contracts rather than written contracts.

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?