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Ivanhoe Garden recently opened her own basketweaving studio, She sells finished baskets in addition to selling the raw materials varieties of kits originally assembled and
Ivanhoe Garden recently opened her own basketweaving studio, She sells finished baskets in addition to selling the raw materials varieties of kits originally assembled and must choose between two basic packages. The Basic Kitincludes undyed, uncut reeds (with dye included) for weaving one basket. This basic package costs Ivanhoe $16 and sells for $27, The second kit, called Stage 2, includes cut reeds that have already been dyed. With this kit the customer need only sosk the reeds and weave the basket. Fanhoe produces the stage 2 kit by using the materials included in the Basic Kit. Because she is more efficient at cutting and dying reeds than her average customer, Ivanhoe is able to produce two Stage 2 kits in one hour from one Basic Kit ( $ he values her time at $28 per hour) The Stage 2 kit selis for $37. (a1) \% Youranswer is partialy conced Prepare an incremental analysis for the ivantioes busketweaving studio. (Enter negative amounts using either a negative sign precedirs the numberes 45 or porntheseses (45)
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