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The Irrelevance of Sunk Costs Is Best Described by Which

Question 132

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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