Mariah DeLozier sells homemade knit scarves for $15 each at local craft shows. Her contribution margin ratio
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Mariah DeLozier sells homemade knit scarves for $15 each at local craft shows. Her contribution margin ratio is 60%. Currently, the craft show entrance fees cost Mariah $900 per year. The craft shows are raising their entrance fees by 10% next year. How many extra scarves will Mariah have to sell next year just to pay for rising entrance fee costs?
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Rayan Gilbert
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