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A company manufactures circular labels for packaging. The marketing team decided to redesign the labels, increasing the diameter to make them more visually appealing. However,

  1. A company manufactures circular labels for packaging. The marketing team decided to redesign the labels, increasing the diameter to make them more visually appealing. However, the production team is concerned about the costs of using more material. Answer the following. Show all your work.
    1. Calculate the area of the original label. Use 3.14 for pi. Show all your work.
    2. Calculate the area of the new label. Use 3.14 for pi. Show all your work.
    3. If it costs the company $0.10 per square cm of material to make the labels, how much more will it cost per label to make the new label? Show all your work.

( note: 8cm is the original label and 12cm is the new label)

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