Nick has seven years of experience in the home improvement industry. He started his career marketing for dozens of flooring providers and related home services across North America. Today, he is a ...

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 ...

Billing rates for rate-based service operations are calculated using projected annual cost and the related units of measure. The following model provides an outline for rate determination. Budget ...