_____is used to know how much profit has been made by selling a particular product
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The aggregate of consumers for a given product is called as a market. Or it is also a place where buyers and sellers meet to exchange the goods and services for a money value.
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Simply put, the percentage figure indicates how many cents of profit the business has generated for each dollar of sale. For instance, if a business reports that it achieved a 35% profit margin during the last quarter, it means that it had a net income of $0.35 for each dollar of sales generate
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