Author Topic: Sunk cost  (Read 50 times)

Offline munna99185

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Sunk cost
« on: October 18, 2018, 03:21:04 PM »
A sunk cost is a cost that has already been incurred and cannot be recovered. A sunk cost differs from future costs that a business may face, such as decisions about inventory purchase costs or product pricing. Sunk costs (past costs) are excluded from future business decisions because the cost will be the same regardless of the outcome of a decision.

source: https://www.investopedia.com/terms/s/sunkcost.asp

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Offline Raisa

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Re: Sunk cost
« Reply #1 on: February 17, 2019, 10:32:49 AM »
 :)
:)