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Cafe X is selling coffee in three different sizes at the prices and costs shown in the first table below. As shown in the second
Cafe X is selling coffee in three different sizes at the prices and costs shown in the first table below. As shown in the second table, they are considering raising the price of their small to $2.75, and they project that sales of smalls will go down while sales of mediums and larges will go up slightly. Fill out the tables below to calculate the projected change in gross margin based on the estimated changes in cups sold. You may find it helpful to use a spreadsheet for the calculations.
Increased Price for Small Coffee Change in Gross Margin (positive number for increase, negative for decrease): \$Step by Step Solution
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