Corp makes flashlights and is considering raising the price by $75$ cents a unit for the coming year. With a $75-$cent

price increase, demand is expected to fall by $7,000$ units.

Current Projected

Demand $75,000$ units $68,000$ units

Selling price $$8\mathrm{.}50$ $$9\mathrm{.}25$

Variable cost per unit $$4\mathrm{.}80$ $$4\mathrm{.}80$

$14)$ If the price increase is implemented, what will be the change $($direction and dollar value$)$ in operating income?

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