Question: DeAnna Braun sells homemade knit scarves for 16 each at
DeAnna Braun sells homemade knit scarves for $16 each at local craft shows. Her contribution margin ratio is 62.5%. Currently, the craft show entrance fees cost DeAnna $1,000 per year. The craft shows are raising their entrance fees by 15% next year. How many extra scarves will DeAnna have to sell next year just to pay for rising entrance fee costs?
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