Author Question: Which of the following relate(s) to gross profit margin? a. a term often used in manufacturing ... (Read 15 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
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

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

c

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library