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Basics of Monopolistic Competition

April 5, 2023April 4, 2023 Lisa Brown branding, choices, consumer goods, control, differentiated products, firms, higher prices, inefficiencies, innovation, market power, market structure, marketing, Monopolistic competition, price, restaurants, retail

When it comes to understanding market structure, it can be a complex topic to grasp. But if you are a

Gross Margin – Explained + Examples

March 17, 2023March 23, 2023 Young Entrepreneur COGS, Cost of goods sold, efficiency, financial health, financial metric, formula, gross margin, gross profit margin, higher prices, lower cost, money, net income, operating expenses, operating margin, percentage, products, taxes, Total Revenue

Gross margin is a financial metric that represents the amount of money left over after subtracting the cost of goods