Discover how Long Run Incremental Cost (LRIC) affects business decisions and pricing strategy with insights on cost prediction, investment impact, and financial control.

Please provide your email address to receive an email when new articles are posted on . Mobile stroke units were found to be cost-effective for tissue plasminogen activator-eligible patients, ...

Today’s economic uncertainty is leaving CEOs with little choice but to cut large line-item costs, reduce their workforce and reexamine their unit economics—their overall “cost to revenue ratio”—in ...

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 ...

The costs to keep one of CPS Energy’s aging gas-powered units running past retirement has climbed another $12.5 million — and the city-owned utility hasn’t even started inspecting it yet. When the ...