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Hello, how are you. I am curious if you can help me with an assignment. I have been slammed at work and haven't had time
Hello, how are you.
I am curious if you can help me with an assignment. I have been slammed at work and haven't had time to do it and its due tonight and I have 4 hours worth of work left before I can get to it.
Its a discussion post
- Differentiate opportunity cost, marginal cost, and relevant cost, including supportive and illustrative examples in terms of the purposes for which each cost is used. You can use the scenario of Jennifer's restaurant to illustrate your examples.
- Analyze the relationship between marginal benefit and marginal cost, and explain how marginal benefit is measured and how it relates to marginal cost.
- Beyond the scenario of Jennifer's restaurant, what other costs must managers address before making decisions? Why?
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