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Anna bakes cookies for $10 per batch, she charges customers $15 to a batch, and customers perceive that the cookies are worth $25 per batch. anna's profit margin is:
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Dec 21, 2023
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Anna bakes cookies for $10 per batch, she charges customers $15 to a batch, and customers perceive that the cookies are worth $25 per batch. anna's profit margin is:
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5$. The perception of the customer doesn‘t have to do anything with the profit margin.
Profit margin: Selling price - costs
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