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An economic decision only takes into account marginal expenses (and income for that matter). At this point the 120M investment is a sunk cost. And the investme
by peterjancelis 14y ago
An economic decision only takes into account marginal expenses (and income for that matter).
At this point the 120M investment is a sunk cost. And the investment was so bad that the operational income can not even cover just the operational expenses, so shutting it down is the wise thing to do.