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 there is less uncertainty and risk that would necessitate abandoning the project.

The Opportunity to Abandon a Project Loses Some of Its