The Irrelevance of Sunk Costs Is Best Described by Which

question 59

Multiple Choice

The irrelevance of sunk costs is best described by which of the following business decisions?

• A)forestry companies continue to sell logs even though they are reporting large losses
• B)forestry companies sell up and exit the market when they report losses
• C)new forestry companies enter the market and earn profits selling logs
• D)all of the above

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