Question: Sunk costs a. should be taken into consideration when making decisions about future production. b. are costs that have been incurred as a result of

Sunk costs a. should be taken into consideration when making decisions about future production. b. are costs that have been incurred as a result of past decisions. c. cause the profit-maximizing rule to no longer be useful. d. are future costs that one has to incur. e. are included only in economic profits

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