KnowraSunk costLinked fromLinked fromThe 11 pages that link to Sunk cost, each with the reason it gives.All 11Related 5Compared with 6Opportunity costCompared with: Unlike opportunity cost, a sunk cost concerns an irreversible past expense, not a forgone alternative.Capital budgetingRelated: Past spending should not determine whether a project’s remaining costs and benefits justify continuing.Marginal costCompared with: Sunk expenditures should not determine whether producing one more unit is worthwhile.Vendor lock-inRelated: Training and integration investments can discourage departure despite being unrecoverable.Marginal analysisCompared with: It should not affect a forward-looking comparison of the costs and benefits of changing course.Financial return on investmentRelated: Including sunk costs in forward-looking decisions can distort an ROI-based choice.Fixed costCompared with: A fixed cost is not automatically sunk; avoidability depends on the decision and timing.Variable costCompared with: Variable costs matter to future choices, while sunk costs do not.Pyramid schemeRelated: Participants may keep paying fees to avoid admitting that earlier scheme costs are lost.Cost curveCompared with: Unlike forward-looking marginal costs, it should not determine an incremental output choice.Business economicsRelated: Treating sunk costs as irrelevant prevents past spending from distorting future business choices.