asmin Co. can further process Product B to produce Product C. Product B is currently selling for $34 per pound and costs $29 per pound to produce. Product C would sell for $62 per pound and would require an additional cost of $25 per pound to produce. What is the differential cost of producing Product C? a.$25 per pound b.$62 per pound c.$34 per pound d.$29 per pound

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Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.