Which of the following relate(s) to gross profit margin? a. a ...

[pepyto]

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]

Answer to Question 1

c

Answer to Question 2

b