Examlex
Value is the perceived relationship between:
Market Price
The prevailing rate at which a product or service is available for purchase or sale in a market driven by competition.
Marginal Revenue
Marginal revenue is the additional income received from selling one more unit of a good or service.
Total Revenue
Total Revenue, in a rephrased definition, represents the aggregate earnings a company receives from selling its products or services, before any expenses are subtracted.
Market Price
The going rate at which a particular market offers to buy or sell an asset or service.
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