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If business required that you travel to Mumbai, the cost of visiting mom would be only the additional, or marginal, time and money cost of getting to Vashi from Mumbai.
Example: For an airplane which is about to take off with empty seats, the marginal cost (the cost of producing one more unit of output) of an extra passenger is essentially zero; the total cost of the trip is essentially unchanged by the addition of an extra passenger.
Sunk Costs are costs that cannot be avoided, regardless of what is done in the future, because they have already been incurred.
c.Efficient market is one in which profit opportunities are eliminated almost instantaneously...
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