SUNK COSTS. Caring Coffee Company is committed to building a new distribution center for their growing business. They have identified three potential sites. Here is a brief table with some of the costs involved in building a new center at each location (all in millions of dollars): Site A Site B Site C $0.4 $2.6 $3.7 $3.6 $0.7 $0.2 $0.2 $2.6 $4.2 $4.1 $0.5 $0.2 $0.5 $2.6 $4.5 $3.9 $0.6 $0.2 Research Land Materials Labor Тахes Cleanup (a) Which of these costs, if any, are SUNK COSTS in connection with this decision about which site to select? (b) Explain how you know.

SUNK COSTS. Caring Coffee Company is committed to building a new distribution center for their growing business. They have identified three potential sites. Here is a brief table with some of the costs involved in building a new center at each location (all in millions of dollars): Site A Site B Site C $0.4 $2.6 $3.7 $3.6 $0.7 $0.2 $0.2 $2.6 $4.2 $4.1 $0.5 $0.2 $0.5 $2.6 $4.5 $3.9 $0.6 $0.2 Research Land Materials Labor Тахes Cleanup (a) Which of these costs, if any, are SUNK COSTS in connection with this decision about which site to select? (b) Explain how you know.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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