Total Posts:2|Showing Posts:1-1
Jump to topic:

Stock as Sunk Costs

Posts: 1
Add as Friend
Challenge to a Debate
Send a Message
10/19/2018 9:07:39 AM
Posted: 1 year ago
In terms of barriers to exit when discussing contestable markets, Can you determine obsolete products as a sunk cost?
For example, If a cassette shop were to go out of business, No one would want to buy their products, Because they are now obsolete.
The point is innovative and creative behaviour pushing these products out of the market, Therefore the firm, Therefore rising to the holder of further sunk costs.
Student, Osborne.

By using this site, you agree to our Privacy Policy and our Terms of Use.