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Sublight2097 Sublight2097
wrote...
Posts: 4132
9 years ago
Sunk costs are irrelevant to economic decisions because
A) they are merely opportunity costs rather than monetary expenditures.
B) they cannot affect a firm's net revenue.
C) they do not appear on financial statements.
D) they represent no opportunity for choice.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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Posts: 1991
9 years ago
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Sublight2097 Author
wrote...
9 years ago
Seriously, you've been tremendously helpful! Thank you.
wrote...
9 years ago
Happy to help, let me know if you have any more requests.
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