Question: What is meant by a sunk cost? Give examples of typical sunk costs for an IT project as well as examples from your personal life.

What is meant by a sunk cost? Give examples of typical sunk costs for an IT project as well as examples from your personal life. Why is it difficult for people to ignore them when they should?

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What is meant by a sunk cost? Give examples of typical sunk costs for an IT project as well as examples from your personal life. Why is it difficult for people to ignore them when they should? LO.1

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