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Bella was the new marketing director at Firm NME. She hired a celebrity to endorse the firm's products since she knew the endorsement would increase
Bella was the new marketing director at Firm NME. She hired a celebrity to endorse the firm's products since she knew the endorsement would increase sales by 14%. How much did marginal revenue increase if last year's sales were $977 million and the endorsement contract paid the celebrity $6 million for the first year?
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