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Grace Co. can further process Product B to produce Product C. Product B is currently selling for $22 per pound and costs $15 per pound
Grace Co. can further process Product B to produce Product C. Product B is currently selling for $22 per pound and costs $15 per pound to produce. Product C would sell for $38 per pound and would require an additional cost of $8 per pound to produce. The differential revenue of producing and selling Product C is
a.$38 per pound
b.$30 per pound
c.$23 per pound
d.$16 per pound
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