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13y ago

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Economic profits in an industry suggest the industry?

economic profits in a industry suggest the industry


What is acceptable gross profit multiplier for gas stations?

right now given current profits in the fueling industry a GPMfor gas stations is approx 2.5


What is the potential relationship between gross sales and profits?

The potential relationship between gross sales and profits are that if the gross sale decreases that also affects the profits by decreasing them because the gross sales are the total amount of the sale before any discounts or allowances are made on the sale. If the gross sales increase then the amount of profit also increases because the more the company sells the more the company has the potential to make more profits.


What is the US government's largest source of revenue?

Taxes on business gross profits, and on personal gross earnings.


How do you increase gross profit for cafe or coffee shop?

Sell more coffee.


What has the author William H Ukers written?

William H. Ukers has written: 'Coffee merchandising' -- subject(s): Coffee industry 'Coffee facts' -- subject(s): Coffee industry 'All about coffee' -- subject(s): Accessible book, Coffee, Coffee industry, Drinking customs


Can you boil urine in tea or coffee and drink it?

no.....gross


What percentage of profits does a executive movie producer make out of total gross?

The percentage of profits an executive movie producer makes from the total gross can vary widely depending on the specific contract and project. Typically, producers may earn anywhere from 5% to 15% of the net profits, though this can differ based on the film's budget, box office performance, and their level of involvement. It's important to note that gross profits are often calculated before deducting expenses, while net profits are what remains after all costs are accounted for.


What are the two types of gross domestic product?

Coffee and tea are two types of the gross domestic product.


How do you calculate gross profits?

Gross profit is total revenue from the core activities less total expenses attributable to core activity of the entity.


What is Guatemala's dominant industry today?

Their main Industry is coffee.


When perfectly competitive firms in an industry are earning positive economic profits, how does this impact market equilibrium and the long-term sustainability of the industry?

When perfectly competitive firms in an industry are earning positive economic profits, it attracts new firms to enter the market, increasing competition. This leads to a decrease in prices and profits until they reach a long-term equilibrium where firms earn normal profits. This process ensures the long-term sustainability of the industry by preventing excessive profits and encouraging efficiency.