The term incremental cost refers to
a. the profit foregone by selecting one choice instead of another.
b. the additional cost of producing or selling another product or service.
c. a cost that continues to be incurred in the absence of activity.
d. a cost common to all choices in question and not clearly or feasibly allocable to any of them.
B
You might also like to view...
When marketing products to other businesses through personal selling or trade shows, one ethical issue that arises is in regard to the use of gifts and or/bribes
Indicate whether the statement is true or false
Which retail channel has the ability to economically provide the most product information for the consumer purchasing products?
A. Stores B. Direct Selling C. Internet D. Automated E. All of these
Trading debt investments are classified on the balance sheet as ________.
A) current or long-term assets, depending on how long the investor intends to hold the debt securities B) current assets C) intangible assets D) current liabilities
In acquired needs theory, which of the following categories of needs motivates a desire to excel?
A. need for achievement B. need for affiliation C. need for actualization D. need for power