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Author Question: Which of the following relate(s) to gross profit margin? a. a term often used in manufacturing ... (Read 19 times)

pepyto

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on: Jul 1, 2018
Which of the following relate(s) to gross profit margin?
 a. a term often used in manufacturing businesses
 b. the profit margin after subtracting direct costs from wholesale revenue
  c. the profit margin after subtracting variable manufacturing costs
 d. a and b
  e. a through c

Question 2

Restaurant provide discounts to seniors because
 a. They have a less-price elastic demand
  b. They have a more-price elastic demand
  c. They are the main source of income
  d. None of the above


Ptupou85

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


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