A 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)situation analysis
E)cost-benefit analysis

Question

Quizplus · Accepted Answer

A continuing, concise trade-off of incremental costs against incremental revenues is referred to as marginal analysis. Marginal analysis involves examining the additional costs and benefits of producing one additional unit of a product or service. By comparing the incremental costs and revenues, a company can determine whether producing an additional unit will result in a profit or a loss. This helps the company make decisions about pricing, production, and other important aspects of its business strategy.

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