<span>Lost profits are consequential damages. Haddad is right that a buyer may not recover consequential damages that it could have prevented by cover. But Jewell-Rung offered legitimate reasons for not covering: the only Lakeland garments now available to it were those made by Olympic. Olympic would not sell a competitor the garments at reasonable prices. Further, Jewell-Rung could not rely on the quality of the garments manufactured by a different company. Jewell-Rung's failure to cover was reasonable and the company was entitled to prove its lost profits. Jewell-Rung Agency, Inc. v. Haddad Organization, Ltd</span>
Answer:
Gross Margin = $6,000
Explanation:
Gross margin refers to the Sales price - Direct cost associated with the product.
Here, Sales Value = 200 outdoor planters for $50 each = $50 
200 = $10,000
Cost associated with this outdoor planters = Purchase cost as paid to supplier = $4,000
Thus, gross margin = $10,000 - $4,000 = $6,000
Note: Time period and dates provided for such sales and collection of amount or payment to supplier is of no relevance.
Final Answer
Gross Margin = $6,000
The type of market segmentation best captures the combination of age and interest in contemporary or alternative music is called "Demographic segmentation marketing".
<h3>What is market segmentation?</h3>
Market segmentation is to pinpoint specific customer groups so that merchandise and branding can be tailored to appeal to them. There are many different ways to segment markets, including geographically, demographically, or behaviorally.
<h3>What is
Demographic segmentation marketing?</h3>
By focusing on characteristics like age, gender, income, occupation, and family status, demographic segmentation separates current and potential customers into groups.
The importance of Demographic segmentation marketing are-
- You can target your marketing strategy more precisely with demographic segmentation.
- It aids in vision clarification, gives future advertising plans more focus, and helps you make the most of your time, money, and resources.
- You should target this group if the average age of your customers is between 20 and 35.
- Companies can better grasp their potential markets thanks to these smaller sectors, which also helps them manage their time and resources.
To know more about the Market Segmentation, here
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From each according to his ability, to each according to his needs is the phrase Marx used
