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A relevant market is a market that is determined by a company's direct competition. The main situations in which a relevant market...
In management accounting, you often hear the term relevant cost. Relevant cost is closely. linked to incremental analysis, and refers to costs which differ across decision or situation. alternatives. In this article we use several examples to illustrate the concept of relevant costs. This first. example covers the decision to extend the opening hours of a cafÃ©, called CafÃ© PBE.