TOPIC: RELEVANT COST IN MANAGERIAL DECISIONS

1. What may be relevant for one type of decision problem may not be relevant in another. Explain
2. sometimes, qualitative factors are given more weight compared to quantitative factors. Explain and give examples of each.
3. Under what circumstances may a lower selling price be granted?
4. the formula for shutdown point sales is similar to the formula for sales resulting in a loss. Explain
5. Marginal cost pricing is generally adopted in penetrating a remote market. Explain