Multiple Choice
A manager invests $400,000 in a technology that should reduce the overall costs of production.The company managed to reduce their cost per unit from $2 to $1.85.After the investment has been made,the $400,000 investment is
A) Considered sunk costs,not relevant in further decision making
B) Considered sunk costs,but still relevant in further decision making
C) Considered a loss
D) Considered a profit
Correct Answer:
Verified
Correct Answer:
Verified
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