Question

D Question 10 0.5 pts The difference in cost between two alternatives is called O Variable Cost O Marginal Cost O Average Cost O Incremental Cost No new data to save. Last checked at 5:24pm Submit C

Answer 1

Question 10

Sometimes incremental analysis is being used to choose between the two alternatives.

In this analysis, incremental cost and incremental benefit of the alternatives is calculated and then compared to choose the better alternative.

Incremental cost is the difference in cost between the two alternatives.

Hence, the correct answer is the option (4) [Incremental Cost].

Question 9

Life-cycle cost implies the entire cost associated with a project since its inception to its disposal.

So,

The life cycle cost of new apartment complex begins when the developer begins assessing the need and ends when the complex is demolished at the end of its useful life.

Hence, the correct answer is the option (4).