Marketing: Real People, Real Choices (9th Edition)
9th Edition
ISBN: 9780134292663
Author: Michael R. Solomon, Greg W. Marshall, Elnora W. Stuart
Publisher: PEARSON
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Chapter 10, Problem 6QA
Summary Introduction
To explain: The meaning of the term trade margins and the relation of such trade margins to the pricing of goods for a producer.
Introduction:Trade margins are widely used in business world and otherwise as well. The trade margins are of utmost importance to a producer while deciding about the price of a certain product.Trade margin is the difference between actual price paid to buy a product for resale and the amount received by selling such product further.
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Marketing: Real People, Real Choices (9th Edition)
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