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Chester has negotiated a new labor contract for the next roundthat will affect the cost for their product Cent. Labor costs willgo from $2.98 to

Chester has negotiated a new labor contract for the next roundthat will affect the cost for their product Cent. Labor costs willgo from $2.98 to $3.58 per unit. Assume all period and othervariable Chester has negotiated a new labor contract for the next round that wll affect the cost for their product Cent. Labor costs will go from \( \$ 2.98 \) to \( \$ 3.58 \) per unit. Assume all period and 2 answers

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