Why is a sunk cost irrelevant to a firms current decisions?

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Why is a sunk cost irrelevant to a firm’s current decisions?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:14 AM

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Why is a sunk cost irrelevant to a firms current decisions?

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The Sunk cost is irrelevant because it can...View the full answer

Microeconomics

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