Incremental costs

From ACT Wiki
Revision as of 14:43, 21 December 2020 by Doug Williamson (Talk | contribs) (Add link.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

In financial decision making, incremental costs are ones which will be different, depending on whether or not the decision is implemented.

It is only the incremental costs - together with any incremental revenues - which are relevant in making the related financial decision.

For example, 'Sunk costs don't count'.

See also