Sunk cost | Topics | tutor2u Economics

Sunk costs cannot be recovered if a business decides to leave an industry. The existence of sunk costs makes a market less contestable


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  • This comprehensive collection of over 160 practice exam-style multiple choice questions covers a variety of Theory of the Firm topics for the second year of linear A Level Economics.

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    Microeconomics - Theory of the Firm (A Level Economics Year 2) Practice MCQs
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