How are sunk costs valuable to a firm already in market
In economics, we say that firms should not use sunk costs when making decisions, only opportunity costs. Knowing that, how are sunk costs valuable to a firm already in a market as other firms consider entering?
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writing a reasearch paper. my professor ask me to find a topic and to give out a reasearch question for my reaserch paper, and the reaserch question should be arguable. i dont konw what topic to choose and i dont know how to give out an urguable ques
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