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Sunk costs are unrecoverable spent sums. Continuously using a bad product or following a bad plan for the purpose of not wasting money or time spent on them will actually incure more loss. To stop using a bad product or following a bad plan and invest in a new product or plan will decrease losses and prevent further sunk costs.
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Post dates | Users | rates | Contents |
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2014-02-03 | nishith | 70.00 | Check this speaking |
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Speakings by user nishith
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- Using the main points and examples from the lecture, describe the three parts of a fax machine and then explain how the fax process works. 70
- Some people believe that children should begin their formal education at an early age 90
- task 3 80
- Some famous athletes and entertainers earn millions of dollars every year. Do you think these people deserve such high salaries? Use specific reasons and examples to support your opinion. 80
- describe ideal marriage partner. what are the qualities do you think are important for husband or wife? 80
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