Explain marginal cost and cost allocation model


1. Do you believe a company's decision to utilize the positive NPV must be based on economic profitability and acceptance by firm's culture? Explain why or why not? Keep in mind, culture may be different in the global situation.

2. What is meant by marginal cost?

3. What do you mean by cost allocation models?

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Business Management: Explain marginal cost and cost allocation model
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