MARGINAL PRICING step by step practical procurement example
Marginal price is just the price of “next thing” here is how that works
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ABOUT THIS VIDEO:
Marginal pricing is an economic concept and the marginal just mean “another one” or “the next one” so if you have 2 pens then a 3rd pen is marginal and a fourth one becomes the new marginal... you get the point.
This video explains to you how to calculate the Marginal price and it gives you a practical example of how to do that
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