You are trying to decide whether or not to sell back your accounting textbook at the end of the class.The cost you paid for the book is relevant to your decision.

Question

Quizplus · Accepted Answer

The cost you paid for the book is a sunk cost and should not affect the decision to sell it back. The decision should be based on the current resale value and your need for the book in the future.

You Are Trying to Decide Whether or Not to Sell