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In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. [ 1 ] [ 2 ] Sunk costs are contrasted with prospective costs , which are future costs that may be avoided if action is taken. [ 3 ]
Sunk cost From a page move : This is a redirect from a page that has been moved (renamed). This page was kept as a redirect to avoid breaking links, both internal and external, that may have been made to the old page name.
The fallacy only seems to hold water if your budget is unlimited, which is impossible in the real world. If my budget is $100, and a sunk cost is $50, then all I have left is $50 to spend on future costs. My sunk cost most definitely affects what I can or cannot do going forward so is a real, ongoing factor and does bring future consequences.
Nguyễn Cao Kỳ (Vietnamese pronunciation: [ŋwiən˦ˀ˥ kaːw˧˧ ki˨˩]; 8 September 1930 – 23 July 2011) [1] [2] was a South Vietnamese military officer and politician who served as the chief of the Republic of Vietnam Air Force in the 1960s, before leading the nation as the prime minister of South Vietnam in a military junta from 1965 ...
DatVietVAC (or Dat Viet VAC) is a Vietnamese media, entertainment and technology group. [1] [2] Founded in 1994 by Dinh Ba Thanh, [3] it is described as Vietnam's first and largest media company and launched the first private TV channel in the country. [4] The group operates the major Vietnamese OTT streaming platform VieON. [5] [6]
Nguyen Cuong (born February 10, 1989), best known by his stage name Mr. T, is a Vietnamese beatboxer. He became more popular for his appearance in Vietnam's Got Talent (February 2012). He had been famous after his winning K-Battle Beatbox ( Southeast Asia Beatbox) in Thailand on 9 November 2012.
The Vietnam People's Navy (VPN; Vietnamese: Hải quân nhân dân Việt Nam), internally the Naval Service (Vietnamese: Quân chủng Hải quân (QCHQ)), also known as the Vietnamese People's Navy or simply Vietnam/Vietnamese Navy (Vietnamese: Hải quân Việt Nam), is the naval branch of the Vietnam People's Army and is responsible for the protection of the country's national waters ...
Nguyễn Xuân Phúc (Vietnamese pronunciation: [ŋwiən˦ˀ˥ swən˧˧ fʊwk͡p̚˧˦]; born 20 July 1954) is a Vietnamese former politician who served as the 11th president of Vietnam from 2021 until his resignation in 2023 amidst a series of corruption scandals.