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neee

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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.


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


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

Sell more coffee.


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

no.....gross


What is Guatemala's dominant industry today?

Their main Industry is coffee.


What are the two types of gross domestic product?

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


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.


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 kind of market structure is the coffee industry?

My views are very much depend which focus area that you intend to discuss; 1) Coffee Plantation Industry is perfect competition 2) Coffee Retail Industry is Monopolistic Competition