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Marissa creates fruit baskets to sell to a gift shop. Marissa charges the gift shop $12 for each fruit basket. It costs her $4.50 to
Marissa creates fruit baskets to sell to a gift shop. Marissa charges the gift shop $12 for each fruit basket. It costs her $4.50 to purchase the fruit, basket, and other supplies to produce each basket. Marissa also has an assistant that she pays $1,400 per month and Marissas salary is $2,500 per month. What is Marissas contribution margin ratio?
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