Explain what is meant by contribution analysis

BUS 640 Managerial Economics Dis 2

Explain what is meant by “contribution analysis”. Carefully define the term and provide examples to illustrate it.

Guided Response: Can you think of a recent example where you had to evaluate the incremental costs and benefits of different options in order to make a decision? In 300 words or more, please, provide your response to the above discussion question.