What is the relationship between price elasticity and profit?
I'm trying to understand the correlation between price elasticity and profit. How does the sensitivity of demand to price changes affect a company's profitability? Are there specific patterns or trends to observe?
Does profit include fixed cost?
I'm trying to understand if profit takes fixed costs into account. Specifically, when calculating profit, do we subtract fixed costs from the total revenue, or are fixed costs not considered in this calculation?
Is commission based on sales or profit?
I'm trying to understand how commission is calculated. Specifically, I want to know if it's determined based on the total sales amount or the profit generated from those sales.
How to calculate profit in Binance?
I want to know how to calculate the profit I've made on Binance. I've been trading cryptocurrencies on the platform and would like to understand how my trades are performing, specifically how much profit or loss I've incurred.
What is the profit and loss heat map?
I am interested in understanding the concept of a profit and loss heat map. Could someone explain what it is and how it can be used to visualize financial performance?