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Title: The irrelevance of sunk costs is best described by which of the following business decisions?

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Q:

The irrelevance of sunk costs is best described by which of the following business decisions?

           a.   New airlines enter the market and earn profits.

           b.   Airlines continue to sell tickets even though they are reporting large losses.

           c.    Airlines exit the market when they report losses.

           d.   All of the above are correct.


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Title: The irrelevance of sunk costs is best described by which of the following business decisions?

    • This tutorial was purchased: 1.

    • Posted Date: Apr 28, 2012 at 9:22:33 PM

    • The full tutorial is about words long

 
A:
...sp;        a.   New airlines enter the market and earn profits.  ...
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