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Difference between increment cost and sunk cost

If increment cost is the cost refers to additional cost incurred by firm and sunk means already incurred and irreversible so what is the difference between them


Nilesh Malviya

Nilesh Malviya

CS Executive

650

28-Oct-20 20:44

23

Answers (1)

Best Answer

Incremental is what could be incurred. Sunk is what is already incurred. Once is future & other is past


Sriram Somayajula

Sriram Somayajula

Admin

28-Oct-20 20:47

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