The margin in trade refers to the difference between the selling price and the total cost of the product or service. The margin can be an important indicator of a company's profitability and its ability to compete in the market. When the margin is large, it means that the company is making good profits from each sale. By analyzing the margin, companies can determine appropriate pricing strategies and improve production efficiency. The margin plays a crucial role in determining the success and sustainability of companies in the market, making it a vital tool for effective business decision-making. Therefore, companies should closely monitor and continually improve the margin.
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