user image

Gagan Mishra

Job Interview Skills
English
1 year ago

47. Explain Sunk Cost?

user image

Abhishek Mishra

1 year ago

sunk cost, in economics and finance, a cost that has already been incurred and that cannot be recovered. In economic decision making, sunk costs are treated as bygone and are not taken into consideration when deciding whether to continue an investment project.

Recent Doubts

Close [x]