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Relevant Costs and Benefits in Decision-...

Lynch, Luann J.

Technical Note

Relevant Costs and Benefits in Decision-Making: An Introduction

Lynch, Luann J.

C-2512 | Published April 8, 2025 | 4 pages Technical Note

Collection: Darden School of Business

Product Details

This note presents an introduction to relevant costs and benefits—those costs and benefits that differ between two alternatives in decision-making. The note provides important terminology around this concept and an example to illustrate this idea in action.

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