Solved: Why is sunk cost excluded while opportunity cost included, Finance Basics

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Why is sunk cost excluded while opportunity cost included

Problem: Why is a sunk cost excluded (I think they are sunk because the manager is in the process of sinking the company) while opportunity cost (opportunity for what?) is included?

Moreover, why is externality cost (external to my office, my company, or my comprehension) included in financial analyses?

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Finance Basics: Why is sunk cost excluded while opportunity cost included

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Finance Basics: Why is sunk cost excluded while opportunity cost included

Reference No:- TGS02075485

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