Answer:
Marginal analysis compares ____________ and ____________ to determine the optimal outcome or choice.
d) marginal benefits, marginal costs
Explanation:
Marginal analysis concentrates on the evaluation of the additional benefits of an activity compared to the additional costs. Marginal analysis is a decision-making tool that maximizes the potential profits that arise from changes in revenues and costs as a result of some changes in the activity levels. The analysis is done to ensure that the company does not make a decision based on sunk costs or fixed costs, which do not change as a result of a decision.
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Hope this answers your question :D
BTW this is my first answer
Answer:
The correct answer is: scope.
Explanation:
Earned Value Management (<em>EVM</em>) is a helpful method that allows high-rank executives to measure the performance of their projects. It analyses the difference between the work planned in the project with the work performed. The three pillars of EVM are <em>scope, time, </em>and <em>cost information</em>. The scoping process implies a Work Breakdown Structure (<em>WBS</em>) where the initial plan is broken into micro levels for better analysis.
The economic profit of Waterworks Irrigation is $115,000.
Economic profit is revenue less explicit cost and opportunity cost.
Explicit cost is the cost incurred in the course of running the start-up. It includes administrative cost, rent and cost of raw materials.
Opportunity cost or implicit cost is the cost of the next best option that a decision maker forgoes when he chooses one option over other options.
Economic profit = revenue - explicit cost - opportunity cost
- Opportunity cost = 10% x 100,000 = $10,000
$175,000 - $50,000 - $10,000 = $115,000
To learn more about economic profit, please check: brainly.com/question/15699405?referrer=searchResults