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Diamond Boot Factory normally sells its specialty boots for $22 a pair. An offer to buy 100 boots for $16 per pair was made by
Diamond Boot Factory normally sells its specialty boots for $22 a pair. An offer to buy 100 boots for $16 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 $3 per pair to the cost.
Determine the differential income or loss per pair of boots from selling to the organization. $
Should Diamond Boot Factory accept or reject the special offer?
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