Explain why sunk costs should not be included

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Explain why sunk costs should not be included in a capital budgeting analysis, but opportunity cots and externalities should be included. Give an example of each.

Reference no: EM13286537

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Explain why sunk costs should not be included : Explain why sunk costs should not be included in a capital budgeting analysis, but opportunity cots and externalities should be included. Give an example of each.
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