Homework: Chapter 10 Homework Save Score: 0 of 1 pt 1 of 5 (1 complete) HW Score: 0% , 0 of 5 pt P10-1 (similar to) EQuestion Help Erosion costs. Fat Tire Bicycle Company currently sells 37,000 bicycles per year. The current bike is a standard balloon-tire bike selling for $110, with a production and shipping cost of $40. The company is thinking of introducing an off-road bike with a projected selling price af $410 and a production and shipping cost of $300. The projected annual sales for the off-road bike are 16,000. The company will lose sales in fat-tire bikes of 10,000 units per year if it introduces the new bike, however. What is the erosion cost from the new bike? Should Fat Tire start producing the off-road bike? What is the erosion cost from the new bike? $(Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer Check Answer Clear All 1 part remaining