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A hospital may construct a outpatient branch clinic on the other side of town. Which of the following is a sunk cost associated with this
A hospital may construct a outpatient branch clinic on the other side of town. Which of the following is a sunk cost associated with this project?
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Contractors have done a feasibility study and have yet to be paid.
Lost sales as the clinic will take patients away from the hospital.
Extra travel expenses incurred from doctors driving back and forth between the clinic and the hospital.
The land on which clinic would be built could be sold instead.
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