Andrews Ceramics produces specialty ceramic products for multiple uses. The company is evaluating a proposal from a start$-$up company that is

manufacturing micro generators. The start$-$up wishes to purchase a quantity of your Type D$48$ ceramic spools. You believe that micro generators

could be a growth market in the future. Being an early supporter of the start$-$up business could allow for substantial future business for your

company.

Using regression analysis, determine the cost$-$estimating equation to manufacture Type D$48$ ceramic spools.

What is the lowest price that your company could accept without making the company worse off?