Homework: Chapter 10 Homework Save Score: 0 of 1 pt 1 of 8 (0 complete) HW Score: 0%, 0 of 8 pts P10-1 (similar to) Question 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 $100, with a production and shipping cost of $40. The company is thinking of introducing an off-road bike with a projected soling price of $400 and a production and shipping cost of $250. The projected annual sales for the off-road bike are 14,000. The company will lose sales in fat-tire bikes of 7,000 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 biko? (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer 1 part remaining Clear All Check Answer the lo baldo 21 w