Cost of the property is a sunk cost
Question: In general, the value of land currently owned by a firm is irrelevant to a capital budgeting decision because the cost of the property is a sunk cost?a. True.
b. False.
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In your answer, provide at least three examples of products for which quantity demanded remains unchanged regardless of a change in price.
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In general, the value of land currently owned by a firm is irrelevant to a capital budgeting decision because the cost of the property is a sunk cost?
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