Gross margins

Definition (http://archive.defra.gov.uk/foodfarm/farmmanage/advice/documents/def-of-terms.pdf)

The gross margin of an enterprise is the value of total output less the variable costs which are directly attributable to it. (Defra, p. 38)

Preferred Units: N/A

Scope Note:
N/A

This term is used for the following terms: 
N/A

Approved Date
21-Dec-2012

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