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In athletic events,home advantage can turn into home field disadvantage when
Interest
The charge for borrowing money, typically expressed as an annual percentage rate, or the income earned from investing funds.
Sunk Cost
A sunk cost refers to money already spent and permanently lost, which cannot be recovered and should not impact future business decisions.
Externality
A cost or benefit that affects a party who did not choose to incur that cost or benefit, often seen in environmental and public goods scenarios.
After-tax Proceeds
The net amount received after taxes are deducted from the gross proceeds of a sale or transaction.
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