IN... an action or not. Sunk costs do not change because we have already paid them or because we are committed to paying them no matter what (such as a mortgage). ... cost $25 to fix. If not fixed, they are worthless. Alternatively, you can buy a new pair of running shoes exactly like your old ones for $10. ... As another example, consider the person with the aquot;Ia#39;d Rather Be Sailingaquot; bumper sticker. Why arena#39;tanbsp;...
|Title||:||Microeconomics the Easy Way|
|Author||:||Walter J. Wessels|
|Publisher||:||Barron's Educational Series - 1997|