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Texas Twister Hot Sauce company wants to market a new Thai Chili Hot Sauce. They want a 12oz. bottle of the sauce to sell for

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Texas Twister Hot Sauce company wants to market a new Thai Chili Hot Sauce. They want a 12oz. bottle of the sauce to sell for $3.99 and have a gross margin of 60%. What must the cost of a bottle of Thai Chili Hot Sauce be to meet these targets? Your

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