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Which of the following statements is true? Sunk costs are never relevant in decision making Sunk costs and future costs that do not differ between

Which of the following statements is true? Sunk costs are never relevant in decision making Sunk costs and future costs that do not differ between the alternatives may or may not be relevant in a decision. Fixed costs are sunk costs. 1. Only statement is true. 2. Only statement is true. 3. All of the statements are true. 4. None of the statements are true.
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