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Grace Co. can further process Product B to produce Product C. Product B is currently selling for $23 per pound and costs $17 per pound
Grace Co. can further process Product B to produce Product C. Product B is currently selling for $23 per pound and costs $17 per pound to produce. Product C would sell for $42 per pound and would require an additional cost of $12 per pound to produce. What is the differential revenue of producing and selling Product C?
a.$19 per pound
b.$30 per pound
c.$25 per pound
d.$42 per pound
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