How are sunk costs and fixed costs related?
A)They are not related in any way.
B)Sunk costs cannot be recovered and fixed costs can be avoided by shutting down.
C)In the short run they are equal to each other.
D)In the long run they are equal to each other.

Question

Quizplus · Accepted Answer

The Answer of How are sunk costs and fixed costs related?
A)They are not related in any way.
B)Sunk costs cannot be recovered and fixed costs can be avoided by shutting down.
C)In the short run they are equal to each other.
D)In the long run they are equal to each other.

How Are Sunk Costs and Fixed Costs Related