An avoidable cost is a cost that can be eliminated (in whole or in part) as a result of eliminating a sunk cost

Name: An avoidable cost is a cost that can be eliminated (in whole or in part) as a result of eliminating a sunk cost
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An avoidable cost is a cost that can be eliminated by choosing one alternative over another, while a sunk cost is a cost that has already been incurred and cannot be recovered, so it should not affect future decisions.

An Avoidable Cost Is a Cost That Can Be Eliminated