When choosing between two alternatives, costs that do not differ between the two alternatives can be considered to be irrelevant to that decision.

Name: When choosing between two alternatives, costs that do not differ between the two alternatives can be considered to be irrelevant to that decision.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Costs that do not differ between two alternatives, such as sunk costs or unavoidable costs, are considered irrelevant to the decision-making process between those two alternatives.

When Choosing Between Two Alternatives, Costs That Do Not Differ