Apply marginal analysis to determine the optimal level of a managerial control variable.

Apply marginal analysis to determine the optimal level of a managerial control variable.



Optimal managerial decisions involve comparing the marginal (incremental) benefits of a decision with the marginal (incremental) costs.


MNB(Q)= MB(Q) - MC(Q)


To maximize net benefits, the manager should increase the managerial control variable up to the point where marginal benefits equal marginal costs.



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