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Diamond Boot Factory normally sells its specialty boots for $33 a pair. An offer to buy 85 boots for $25 per pair was made
Diamond Boot Factory normally sells its specialty boots for $33 a pair. An offer to buy 85 boots for $25 per pair was made by an organization hosting a national event in Norfolk. The variable cost per boot is $12, and special stitching will add another $1 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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