Sunk Costs
Sunk costs are costs that have already been incurred and cannot be recovered.
Sunk costs are irrelevant in any decision-making process because they have already been incurred and no present or future decision can change that fact.
Sunk costs are costs that have already been incurred and cannot be recovered.
Sunk costs are irrelevant in any decision-making process because they have already been incurred and no present or future decision can change that fact.