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If we're going to have pedantry, lets make sure we have correct pedantry. "sunk cost" just means that a cost has been paid, and it's non-recoverable. When it c
by kevinpet 9y ago
If we're going to have pedantry, lets make sure we have correct pedantry.
"sunk cost" just means that a cost has been paid, and it's non-recoverable. When it comes up, it's usually to point out that only the future cost and benefits matter when making a decision.