Incremental analysis is used to help companies make decisions involving a choice among alternative courses of action. People use incremental analysis in their own personal decision making as well. Provide a hypothetical example from your personal life of how you might use incremental analysis in making a decision.
Making decisions often involves financial and non financial factors. Provide a hypothetical example from your personal life of a situation in which you would consider both financial and non financial factors. What factors would be considered?
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