Question
Sparkle This! is an online jewelrystore. The owner, Joe Diamond, maintains a 36% target margin at all times. They are considering adding ruby heart pendants
Sparkle This! is an online jewelrystore. The owner, Joe Diamond, maintains a36%target margin at all times. They are considering adding ruby heart pendants to their product line for Valentine's Day. The cost from their supplier is$32. Joe estimates they can sell41pendants for Valentine's Day at the price based on their usual target margin.
What would be the appropriate price to achieve their usual target margin?
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Marketing Real People, Real Choices
Authors: Michael R. Solomon, Greg W. Marshall, Elnora W. Stuart, J. Brock Smith, Sylvain Charlebois, Bhupesh Shah
4th Canadian Edition
