Which of the following observations is true?
a. Sunk costs are irrelevant for any future action
b. Sunk costs should not be ignored when making decisions.
c. Sunk costs are often hidden.
d. Sunk costs can be recovered using corrective measures.
a
Economics
You might also like to view...
By the mid-nineteenth century,
(a) indentured servitude disappeared in the U.S. (b) slavery was disappearing. (c) more and more immigrants were drawn into the production of agricultural goods on large plantations. (d) all of the above were true.
Economics
________ risk involves variation in returns due to the ups and downs of the economy, the industry and the firm
A) Structural B) Fluctuational C) Business D) Financial
Economics