Re: [Pen-l] Presumed "irrevelence of sunk costs"

[Simon Ward]

Without wishing to enter into the detail of this discussion, you might want 
to consider depreciation (plus annual capital expenditure) as an ongoing 
cost of maintaining sunk capital. It might get interesting when the 
accumulated depreciation reaches and passes the value of the sunken capital. 
If that capital is still generating (in combination with a labour input) 
value, but is assumed to have passed its lifetime in terms of accumulated 
depreciation - then what?

Not sure this will help.
Simon Ward



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