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PMRelevant cost of labour

Llavanithan9y ago
I am not quite sure the definition of the relevant cost of labour, which states equivalent to opportunity cost (lost contribution diverted from the previous job AND addition labour cost), Why the additional labour cost should include in relevant cost calculation even it will not change if the decision is not chosen i.e The additional labour cost is remain same for alternatives.. plz help me
John MoffatJohn MoffatTutor9y ago#1
If you want me to answer then you must ask in the Ask the Tutor Forum (this forum is for students to help each other). Have you watched my free lectures, because I do explain this point in the lectures.
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