Question: Question 7 ( 1 point ) Andrew Camegie understood that sunk costs were historic costs, which he did not allow to affect future decisions. historic
Question point
Andrew Camegie understood that sunk costs were
historic costs, which he did not allow to affect future decisions.
historic costs, which he allowed to affect future decisions.
future costs, which he had to incur to keep doing business.
future costs, which he could avoid if he paid close attention to economic conditions.
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