continuing,concise trade-off of incremental costs against incremental revenues is referred to as
A) break-even analysis.
B) demand analysis.
C) marginal analysis.
D) cost-benefit analysis.
E) situation analysis.

Question

Quizplus · Accepted Answer

The concise trade-off of incremental costs against incremental revenues is known as marginal analysis. This analysis helps businesses make decisions on whether to increase or decrease production, set prices or invest in new projects. Break-even analysis deals with finding a point where costs equal revenues. Demand analysis deals with understanding customer demand which helps to determine prices and production output. Cost-benefit analysis is an evaluation tool that helps businesses make decisions on whether a project is worth the investment. Situation analysis is the process of evaluating a company's internal and external environments to understand its position in the market.

Continuing,concise Trade-Off of Incremental Costs Against Incremental Revenues Is Referred