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A retailer purchased some trendy clothes that have gone out of style and must be marked down to 20% of the original selling price in
A retailer purchased some trendy clothes that have gone out of style and must be marked down to 20% of the original selling price in order to be sold. Which of the following is a sunk cost in this situation? A) the original selling price B) the original purchase price C) the anticipated profit D) the current selling price
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