| LC control no. | sh2004006683 |
|---|---|
| Topical heading | Sunk costs |
| See also | Costs, Industrial Opportunity costs |
| Found in | Work cat.: Sutton, J. Sunk costs and market structure, c1991. Bantock, G. Dictionary of economics, 1998 (Sunk costs. Opportunity costs incurred in the past which are irretrievable and therefore not relevant to current decisions.) Shim, J.K. Dictionary of economics, 1995 (Sunk cost. The cost of resources ... incurred in the past whose total will not be affected by any decision made now or in the future.) Macmillan dictionary of modern economics, 1992 (Sunk costs. Costs which cannot be recovered when a firm leaves an industry.) |
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