Incremental analysis is a technique used not only by businesses but also by individuals in day-to-day activities.

Question

Quizplus · Accepted Answer

Incremental analysis involves analyzing the incremental costs and benefits resulting from a change in activity or decision-making. This technique can be used by individuals in various situations, such as deciding which grocery store to shop at or which mode of transportation to use for commuting. Therefore, the statement is true.

Incremental Analysis Is a Technique Used Not Only by Businesses