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MSP nahin MRP....!!!
Minimum Support Price nahin ...!!
Maximum Retail Price ..!!!!
Why #FarmBills2020 is important?
Let me explain this in detail.
Whenever you buy anything from a kirana shop like Chips,Cold drink ,Soap Washing Powder its MRP is printed on it .
Minimum Support Price nahin ...!!
Maximum Retail Price ..!!!!
Why #FarmBills2020 is important?
Let me explain this in detail.
Whenever you buy anything from a kirana shop like Chips,Cold drink ,Soap Washing Powder its MRP is printed on it .
What is MRP ?
MRP is Maximum Retail Price which a Company can charge from a Consumer which includes 1) Cost of Raw Materials 2)Cost of Employees 3) Cost of Capital 4)Cost of Transportation 5)Cost of Advertisement 6) Cost of Manufacturing 7 ) WholesalerMargin 8 ) Retailer margin
MRP is Maximum Retail Price which a Company can charge from a Consumer which includes 1) Cost of Raw Materials 2)Cost of Employees 3) Cost of Capital 4)Cost of Transportation 5)Cost of Advertisement 6) Cost of Manufacturing 7 ) WholesalerMargin 8 ) Retailer margin
So a MRP is the Maximum price charged to Consumers.
Now the Consumer is the person which creates the demand for that item like Chips,Cold Drink ,Washing Powder at that MRP .
So MRP is the key as it includes every cost and margin and Consumer is willing to pay that cost .
Now the Consumer is the person which creates the demand for that item like Chips,Cold Drink ,Washing Powder at that MRP .
So MRP is the key as it includes every cost and margin and Consumer is willing to pay that cost .
