Sunk costs include any cost that will 青云英语翻译 请在下面的文本框内输入文字,然后点击开始翻译按钮进行翻译,如果您看不到结果,请重新翻译! 翻译结果1翻译结果2翻译结果3翻译结果4翻译结果5 翻译结果1复制译文编辑译文朗读译文返回顶部 沉没成本包括任何成本即会...
any of the sunk costs that have end dates should be included in the decision. To decide to close the facility, XYZ Clothing considers the revenue that would be lost if production ends as well as the costs that are also eliminated. If the factory lease ends in six months, the lease cost...
c) costs that are a done deal d) the cost of the Titanic Prospective Costs: In decision-making processes, rational agents face two types of costs namely retrospective costs or sunk costs and prospective costs, the latter of which are costs ...
Sunk Costs: Sunk costs are expenses that have been incurred in the past, which cannot be recovered in the future. Standard economic theories argue that sunk costs should not affect future decision makings. Answer and Explanation:1 The sunk costs argument suggests that when making decisions...
Examples of fixed costs include rent on a building or management salaries. A sunk cost is a type of fixed cost, as the cost that has already been incurred cannot be changed no matter how much is produced in the future. But fixed costs are not all sunk costs. Rent for next month has ...
Sunk Costs. Sunk costs are expenses incurred to date in a project that are already spent and as a result cannot be recovered. Sunk costs arefixedand do not change irrespective of the levels of productivity of a project or operation. Sunk cost examples include rent, subscription fees or hardwa...
“Fallacy” in this context refers to the mistaken belief that continuing an ill-begotten course of action will lead to a better future outcome, thus justifying the sunk costs. How do you get out of sunk cost fallacy? Some of the ways you can get out of the sunk cost fallacy include ...
Sunk costs are costs that were paid. Since economic decisions are based on the marginal cost and the marginal benefit of a proposed action, the primary characteristic of sunk costs is that their marginal cost is zero, regardless of the initial cost. Hence, any economic decision based on sunk...
Economists and accountants define sunk costs as money that is already spent and permanently lost. For example, filling your car's tank with gas is money spent that can never be recovered.Answer and Explanation: Become a member and unlock all Study Answers Start today. Try it now Cr...
any of the sunk costs that have end dates should be included in the decision. To make the decision to close the facility, XYZ Clothing considers the revenue that would be lost if production ends as well as the costs that are also eliminated. If the factory lease ends in six months, the...