Leo's Fruit Stand has always stocked just one brand of apples: Gala. Gala apples cost Leo...
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Leo's Fruit Stand has always stocked just one brand of apples: Gala. Gala apples cost Leo $0.22 each, and he sells them for $0.61. Leo is considering adding Rome apples to his stand. They will cost him $0.34 each and he plans to sell them for $0.79 each. Leo expects Rome apple volume to be half of Gala's previous volume of 3,900 per month. He also expects 62% of Rome volume to be taken from Gala volume. If Rome apple sales meet expectations, what will be the total monthly contribution of Rome apples per month? Leo's Fruit Stand has always stocked just one brand of apples: Gala. Gala apples cost Leo $0.22 each, and he sells them for $0.61. Leo is considering adding Rome apples to his stand. They will cost him $0.34 each and he plans to sell them for $0.79 each. Leo expects Rome apple volume to be half of Gala's previous volume of 3,900 per month. He also expects 62% of Rome volume to be taken from Gala volume. If Rome apple sales meet expectations, what will be the total monthly contribution of Rome apples per month?
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To find the total monthly contribution of Rome apples we need to calculate the revenue ge... View the full answer
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