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The higher the gross margin the more profit you can make. Gross margin is the difference between cost and original sell price of a product. it is you the original conceived profit. Obviously the higher the gross margin the more profit possible. (That is as long as a customer will pay that price!!)

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โˆ™ 2008-11-02 22:10:22
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Q: Why is it important to achieve a high gross margin?
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