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You are the manager of Casa Sophia, a restaurant that is considering holding a Cinco de Mayo event. You have determined that you need a

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You are the manager of Casa Sophia, a restaurant that is considering holding a Cinco de Mayo event. You have determined that you need a minimum contribution margin of 40% in order to turn a profit for the party. Additionally, you know that you will pay $35 per person for champagne, beads, food, and masks. Furthermore, you estimate that your fixed cost per guest will be approximately $25. What should you charge for a ticket to the party

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