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You are the manager for a restaurant and you are considering running a happy hour in which your average price of a drink which is
You are the manager for a restaurant and you are considering running a happy hour in which your average price of a drink which is $8 will be reduced to an average price of $5. What does your contribution margin % have to be in order for you to make as much profit from the Happy Hour as you would have if you had not lowered the prices.
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