The opportunity to abandon a project loses some of its value when:
A)Fixed costs are high
B)Markets are extremely competitive
C)The future is relatively certain
D)Secondary markets exist and are active

Question

Quizplus · Accepted Answer

When the future is relatively certain, the value of having the option to abandon a project decreases because the need for flexibility and the ability to respond to unforeseen changes is reduced.

The Opportunity to Abandon a Project Loses Some of Its