How is marginal analysis for a business similar to
the marginal thinking that you do as a consumer?

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04-03-2021
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How is marginal analysis for a business similar to
the marginal thinking that you do as a consumer?

Sagot :

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Chloezoomer Chloezoomer · Answer 1 · 2021-03-04T10:47:44-05:00

Chloezoomer Chloezoomer

04-03-2021

Answer:

Marginal analysis is an examination of the additional benefits of an activity compared to the additional costs incurred by that same activity. Companies use marginal analysis as a decision-making tool to help them maximize their potential profits.

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