Sunk Cost Vocabulary

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Flashcards defining sunk cost and providing a business investment example with specific figures from the lecture transcript.

Last updated 2:59 AM on 8/16/26
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2 Terms

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Sunk cost

Money or time you already spent and cant get back

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Sunk cost business example

A Company Spend $5 Million\text{\$}5\text{ Million} devaping anew Product Lover; they leam Customers dent want it, the $5 Million\text{\$}5\text{ Million} is a sunk cust.