Question
Diamond Boot Factory normally sells its specialty boots for $32 a pair. An offer to buy 120 boots for $27 per pair was made
Diamond Boot Factory normally sells its specialty boots for $32 a pair. An offer to buy 120 boots for $27 per pair was made by an organization hosting a national event in Norfolk. The variable cost per boot is $13, 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. Should Diamond Boot Factory accept or reject the special offer?
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