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Diamond Boot Factory normally sells its specialty boots for $21 a pair. An offer to buy 115 boots for $13 per pair was made by
Diamond Boot Factory normally sells its specialty boots for $21 a pair. An offer to buy 115 boots for $13 per pair was made by an organization hosting a national event in Norfolk. The variable cost per boot is $8, and special stitching will add another $2 per pair to the cost.
Determine the differential income or loss per pair of boots from selling to the organization.
______ Income or Loss
Should Diamond Boot Factory accept or reject the special offer?
Accept or Reject?
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