Assuming there is sufficient customer demand either way, how does a company decide whether to sell a product or to process it further? When should it be processed further?


In order to determine whether the product should be sold or processed further, a company should compare the incremental revenue of processing further to the incremental costs of processing further. If the incremental revenue is greater than the incremental cost, the product should be processed further.

Business

You might also like to view...

The research evidence shows that having power has strong effects on a person’s thoughts (cognitions), affect (emotions and moods), and ______.

A. abilities B. productivity C. performance D. behavior

Business

Business leaders need to understand the broader implications of using automated machines.

Answer the following statement true (T) or false (F)

Business

Your friend John started college at the age of 18 with $63,450 already saved, because 18 years ago when he was born his parents placed money into a special college savings account earning 7.25% per year

How much money did John's parents place into his college account? A) $18,000 B) $3,525 C) $17,262 D) $5,824

Business

Employers in highly competitive markets are more able to raise prices without loss of revenues.

Answer the following statement true (T) or false (F)

Business