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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 a 36% 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 sell 41 pendants 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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