Cryptocurrency Q&A Is opportunity cost the same as sunk cost?

Is opportunity cost the same as sunk cost?

CryptoWanderer Mon Jan 20 2025 | 0 answers 0

I'm trying to understand the difference between opportunity cost and sunk cost. Are they the same thing, or do they represent different concepts in economics? I'm confused about how these two costs relate to each other. Is opportunity cost the same as sunk cost?

Is opportunity cost the same as sunk cost?

opportunity cost sunk cost same

What does ethical climate mean in business?

Is Vasu exchange a good money changer in Bangkok?

0 answers

Related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Download on the App Store GEI IT ON Google Play

Get started today Scan to join our 100M+ users

Topics at Cryptocurrency Q&A

The World's Leading Crypto Trading Platform

Get my welcome gifts

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

The world’s longest-running cryptocurrency exchange since 2011 © 2011 - 2025 BTCC.com. All rights reserved