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Write a Short Essay and Define Gross Margin

question 70

Essay

Write a short essay and define gross margin.What does gross margin measure? Discuss the similarities and differences between contribution margin and gross margin.


Definitions:

Statistical Evidence

Information derived from statistical procedures that is used to support or refute an assertion, hypothesis, or claim.

Persuasive Impact

The effect of communication or argumentation in convincing or influencing others to change their beliefs, attitudes, or behaviors.

Dependent Variable

In an experimental study, it is the variable being tested and measured, expected to change as a result of manipulations to the independent variable.

Independent Variable

A variable in an experiment that is manipulated or changed by the researcher to study its effects on the dependent variable.

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