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Smokies BBQ is considering raising their prices. Currently, their cost per BBQ sandwich is $2.76 and they sell the sandwiches based on achieving a margin
Smokies BBQ is considering raising their prices. Currently, their cost per BBQ sandwich is $2.76 and they sell the sandwiches based on achieving a margin of 40%. They sell 504 sandwiches each day. If they decide to use a 55% margin instead, much will their total contribution increase per day if they sell the same number of sandwiches at the new price?
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