Contribution margin is a cost-accounting calculation that measures a product's profitability or the revenue left after covering fixed costs.

Elasticity is an economic term that describes the change in buyer and seller behavior in response to a price change for a good or service.

Learn about the law of supply, the price elasticity of supply, and why a price change can affect the pricing of goods in an economy.

Learn about total and marginal revenue, how to calculate marginal revenue given total revenue, and how the two are related.

Both the gross margin and the contribution margin are used to measure profitability, but they do so in different ways.

Microeconomics studies individual and business decisions, whereas macroeconomics studies national and government decisions.

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Companies seek equity financing from investors to fund short- or long-term needs by selling a share of ownership.