Question 2 Sunk costs are ignored in engineering economic decision making. True

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Answer 1

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True

Explanation:

The sunk cost are ignored in engineering economic decision making because sunk costs are money already spent that cannot be recovered it is an one time investment made by any investor and donot have any consequence on decision making.

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Answer 2

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Sunk costs and decision making

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Question 2 Sunk costs are ignored in engineering economic decision making. True

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