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Current Attempt in Progress The Page Brewing Company is a small craft brewer that produces five standard varieties of beer. The beers sell for $6
Current Attempt in Progress The Page Brewing Company is a small craft brewer that produces five standard varieties of beer. The beers sell for $6 per six-pack, and the company currently sells 11,000 six-packs per month. The company is considering producing a seasonal beer that will be sold in October, November, and December. The company estimates that at $6 per six-pack, the company will sell 2,200 six-packs. At $7 per six-pack, sales will be 1,100 six-packs. The company also estimates that sales of the seasonal beer will eat into sales of its standard items. Specifically, for every 1,100 six-packs of the seasonal beer that are sold, 330 six-packs of the standard varieties will not be sold. The variable production costs of all beers is $1.30 per six-pack. Calculate the incremental profit associated with the two selling prices under consideration for the seasonal beer (i.e., $6 and $7 per six-pack). (Enter loss using either a negative sign preceding the number e-g. -45 or parentheses e.g. (45).) $6 per six-pack $7 per six-pack Incremental profit/(loss) $ e Textbook and Media Should Page Brewing produce the beer? The company produce the seasonal beer. e Textbook and Media What price should the company charge? Price $ $ per six-pack
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