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Assume that you are working hard on a new product that is not yet ready for sale. Suddenly your competitors surprise you and are now

Assume that you are working hard on a new product that is not yet ready for sale. Suddenly your competitors surprise you and are now selling similar versions of your product that is superior to what you have. Your product is now a failure. What kind of cost do you now have? Multiple Choice Fixed Cost Variable Cost Sunk Cost None of the above

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