Disucsison Post
Describe a decision made by your chosen company that involved costs that should have been ignored. (Note this is not 'expenditures that should not have been made.' But rather costs such as 'sunk costs' that should be ignored (as explained in this week's reading/lecture.) Why did the company include these costs in their decision process? Why did the company make this decision and how did these costs affect the decision? Based on what you have learned in this course, what advice/recommendations would you give the company? Post your answer to the discussion post.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.
Froeb, L. M., McCann, B. T., Shor, M., & Ward, M. R. (2018). Managerial economics: A problemsolving approach (5th ed.). Boston, MA: Cengage Learning.