| 单词 | marginal analysis |
| 释义 | marginal analysisDefinition The process of identifying the benefits and costs of different alternatives by examining the incremental effect on total revenue and total cost caused by a very small (just one unit) change in the output or input of each alternative. Marginal analysis supports decision-making based on marginal or incremental changes to resources instead of one based on totals or averages. Use 'marginal analysis' in a SentenceYou may need to figure out the marginal analysis and use that to try and accurately predict how to proceed. When you are trying to decide which way to proceed on a project you need to break down the marginal analysis for all options. Before we could move forward, we had to check out our marginal analysis to see what effects it was having on us. |
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