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Which one of the following is the best example of a sunk cost?

a. Angelo's decided to accept project A rather than project B.
b. Burt's spent $18,000 last year patching potholes in its parking lot caused by a severe winter frost.
c. Lester's added desserts to its menu which caused its sandwich sales to increase.
d. A new fish sandwich was added to a menu and as a result hamburger sales declined.

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9870625

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