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Softstep Stables has developed a lighter horseshoe for thoroughbreds, called the Air Citation. The company is presently experiencing labor difficulties and plans to raise wages

Softstep Stables has developed a lighter horseshoe for thoroughbreds, called the Air Citation. The company is presently experiencing labor difficulties and plans to raise wages to avert a strike. This will increase the Variable Cost per shoe from $16 to $25. The shoes presently sell for $61 each, but due to the competitive environment, Softstep States plans to drop their price to $46 each. Their current volume is 1,004 units. Fixed costs are $1.837. By what percentage must the unit volume increase in order to generate the same total contribution as is currently earned? Enter your answer with 2 decimal places, no symbols leg. $). Type your

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