Examlex
It is best to create a separate efficiency template for each channel that distributes the product and for each targeted segment of end-users.
Marginal Revenue
The additional income from selling one more unit of a good; sometimes equal to the price.
Internet Auction
An online platform where goods and services are sold to the highest bidder through competitive bidding processes.
Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in its price.
Marginal Cost
The increase in cost that arises from the production of one additional unit of a good or service.
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