The world of microeconomics and business decision-making hinges upon a key concept: marginal cost. In the simplest terms, marginal cost represents the expense incurred to produce an additional unit of ...

Profit margin is one of the simplest and most widely used financial ratios in corporate finance. A company’s profit is ...

This is an overview of what cost analysis is all about, the types of cost analyses we implement at the IRC and what kinds of questions they can answer. Watch the full Cost analysis in Excel playlist.