Topic: Sunk Costs
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What is Sunk Cost?
Sunk cost is a cost that has already been spent and cannot be recovered. It's basically lost money that you will not ever see again or make a profit on. Read More »
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What are Sunk Costs?
Before going into business one should literally count the cost of doing so. That said, sunk costs are expenses or monies that are unrecoverable past your expenditures. For more information look here: http://economics.about.com/od/economicsg... Read More »
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Who monitors sunk cost?
Answer Even in a strong form efficient capital market, external monitors may not have an adequate incentive to discipline managers who have succumbed to moral hazard and caused the corporation to bear an inefficient sunk cost Read More »
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Sunk Costs
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Answers to Other Common Questions
Sunk costs are defined as previously incurred costs that are not recoverable and should be ignored in decision making.
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In economics and financial jargon, a 'sunk cost' is money paid in the past that will not be affected by any future decisions. The price paid for a home is typically a sunk cost. Many homeowners find this to be an unpleasant truth, as they c...
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Because the cost only becomes sunk after the decision being made. Up to then is just a potential sunk cost. Sunk costs are costs that once incurred they cannot be recovered.
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It was $4,677.788.75 and it was three years old,
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Sunk Cost : Cost already incurred which cannot be recovered regardless of future events.
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Sunk costs are sums that have already been spent and can not be recovered. Fixed costs are those that do not change...MORE?
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