Examlex
Government provision of goods and services that cannot easily be provided through markets because it is difficult to establish a one-to-one link between payment and consumption of the good is referred to as the
Differential Cost
The difference in total cost that will result from selecting one alternative over another in a decision-making situation.
Differential Cost
The difference in total cost that will result from selecting one choice over another.
Additional Cost
Expenses incurred that are above and beyond the initial forecast or budget for a project or product.
Differential Revenue
The difference in revenue generated under two different scenarios or as a result of a specific action.
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