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2 years ago

A new business has total net sales of $5,000 and the cost of goods sold is $3000. What is the total gross margin from sales?

Business

1 answer:

irakobra [83]2 years ago

8 0

Gross margin from sales equals net sales minus cost of goods sold.

In this case 5000 - 3000 = 2000

Gross margin is how much money from sales will be added to overall profitability to pay other expenses, basically how much above the cost of selling the goods do we make at the sales price we are charging.

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The feature that differentiates monopolistic competition from monopolies and oligopolies is that monopolistically competitive fi

Georgia [21]

Monopolistically competitive firms (A) cannot influence the market price by virtue of their size alone while monopolies and oligopolies can.

<h3>What is a monopoly?</h3>

A monopoly occurs when there is a single seller in the market.
The monopoly case is considered the polar opposite of perfect competition in conventional economic theory.
The demand curve facing the monopolist is, by definition, the industry demand curve, which is downward sloping.

<h3>What is oligopoly?</h3>

Oligopolistic markets are characterized by a small number of suppliers.
They can be found in all nations and in a wide range of industries.
Some oligopoly markets are very competitive, whereas others are substantially less so, or appear to be.

Monopolistically competitive enterprises, unlike monopolies and oligopolies, cannot influence market prices only through their size.

Therefore, monopolistically competitive firms (A) cannot influence the market price by virtue of their size alone while monopolies and oligopolies can.

Know more about monopoly here:

brainly.com/question/13113415

#SPJ4

Correct question:

The feature that differentiates monopolistic competition from monopolies and oligopolies is that monopolistically competitive firms.

(A) cannot influence the market price by virtue of their size alone.

(B) are price takers.

(C) do not have a price as a decision variable.

(D) benefit from barriers to entry.

7 0

1 year ago

In a suburban community outside a city in Alabama, a retail store opened that specialized in dancewear for children and adults.

Masja [62]

Answer:

a. the sociocultural segment

Explanation:

Since in the question it is mentioned that the retail store is opened that deals in dancewear for children and adults. Also, it became successful for five years but after that in the local newspaper it makes an expose that it was selling briskly to a specific clientele with respect to the scanty lingerie due to which it lost most of its customers and therefore it is closed

So in this given situation, it is a sociocultural segment as the company's wants to take care of the society along with its business or there should be a corporate social responsibility. Also the trust of the customers, goodwill cannot bring back, etc

Therefore the correct option is A.

8 0

3 years ago

The marketing team of a regional airline company plans to launch a new marketing campaign to draw more customers to its flights.

MrMuchimi

Explanation:

1. advertising 

2. distribution 

3. well crafted

4 0

2 years ago

What is the main benefit of using a consistent system to label your files?

Ierofanga [76]

Answer:

D. It helps you keep track of each stage of the editing process

6 0

3 years ago

In Australia Coca-Cola launched Mother, an energy drink. However, most people did not like the taste. Rather than introducing an

vitfil [10]

Answer: (D) Styling

Explanation:

The coca-cola is changing the styling of products as it increase the marketing and the business. By changing the styling of existing product we make the product more attractive by developing new ideas on the product.

We can create and develop the new product by changing the existing drawbacks and create into the new styling of the product and also re-position the existing product in the market.

By advertising the new products on the different types of platform like the social media we advertising the brand of the products.

Therefore, Option (D) is correct.

5 0

2 years ago