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Sophie's Snacks is considering a special discount on granola bars for a month, reducing the price from $1.50 to $1.20. Promotion costs $400. Sophie expects
Sophie's Snacks is considering a special discount on granola bars for a month, reducing the price from $1.50 to $1.20. Promotion costs $400. Sophie expects granola bar sales to increase by 25%, with a 10% drop in trail mix sales. The weekly data are:
Product | Sales Price | Variable Costs | Sales Volume |
Granola Bars | $1.50 | $0.75 | 1000 |
Trail Mix | $2.00 | $1.00 | 600 |
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