Examlex
Micromarketing is possible due to:
Total Revenue
The overall amount of money received by a company from its sales of goods or services, without deducting any costs.
Total Variable Cost
The total of all variable expenses associated with the production of goods or services, which changes as the level of production output changes.
Operate
To control the functioning of a machine or process, or to run and manage a business or organization.
Market Price
The current price at which an asset or service can be bought or sold in the market.
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