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Answer the Following Questions Using the Information Below:
Contrafic Lighting

question 4

Multiple Choice

Answer the following questions using the information below:
Contrafic Lighting manufactures small flashlights and is considering raising the price by 75 cents a unit for the coming year. With a 75-cent price increase, demand is expected to fall by 7,000 units.
 Current  Projected  Demand 75,000 units 68,000 units  Selling price $8.50$9.25 Incremental cost per unit $4.80$4.80\begin{array} { l r r } & \text { Current } & \text { Projected } \\\text { Demand } & 75,000 \text { units } & 68,000 \text { units } \\\text { Selling price } & \$ 8.50 & \$ 9.25 \\\text { Incremental cost per unit } & \$ 4.80 & \$ 4.80\end{array}
-If the price increase is implemented,operating profit is projected to ________.

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Definitions:

Nutritional Intake

The total amount of food substances consumed that provide nutritional support for an organism.

Lifespan Perspective

The study of human development from birth to death, emphasizing growth and changes at every stage of life.

Human Development

The multidisciplinary study of how people grow and change physically, cognitively, and socially throughout their lifespan.

Cognitive Perspective

An approach in psychology that focuses on mental processes such as perception, memory, and problem-solving.

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