Marginal math is a conceptual tool used to assess the change in unit sales required to maintain profitability in light of a change in the product price. - True
Marginal math is an efficient tool that aids in examining the comparison between the additional benefits and additional costs of particular business activity or decision. Marginal math is utilized by companies as a decision-making tool to conceptually enhance their potential profits.
Marginal math proves to be a great rescue in deciding between two potential investments by providing an analysis of the benefits and costs of both. The technique of it is based on the distinction between product cost and period costs.
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