Question: Same as before. pick one to answer it first and then give me two extra example. thank you ! Why are sunk costs irrelevant in

Same as before.pick one to answer it first and then give me two extra example.thank you !

  1. Why are sunk costs irrelevant in deciding whether to sell a product in its present condition or to make it into a new product through additional processing?

2. What is a relevant cost? Identify the two types of relevant costs.

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