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Sunk costs are a . costs that cannot be avoided, because they have already been incurred. b . the costs of what we give up
Sunk costs are
a costs that cannot be avoided, because they have already been incurred.
b the costs of what we give up when we make a choice or a decision.
c the additional costs of producing an additional unit of a product.
d the additional costs of consuming an additional unit of a product.
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