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Lapatulllka [165]
3 years ago
8

Which of the following is an example of a sunk cost?

Business
1 answer:
coldgirl [10]3 years ago
3 0

Answer:

The correct answer is option D.

Explanation:

Sunk costs can be defined as those costs which already been incurred and cannot be recovered anymore. These costs are excluded from business decision making.

It is can be referred to as a cost that is no longer relevant.  

The $8 paid for a ticket, after the person starts watching the movie is a sunk cost as it cannot be recovered anymore.  

Sunk costs are contrasted to relevant cost which is yet to be incurred in the future. Cost pf machinery, equipment, etc are examples of sunk cost.

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The answer is True.

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Establishing rules that will help you stay focused is called
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<h3>What to you understand by Industries? </h3>

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The processing and transformation of natural resources (raw materials) into other finished and semi-finished products is the primary function of industry in each nation's economy.

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6 0
1 year ago
Leaf Lovers Garden Centers is a chain of discount gardening stores throughout the United States. Top management realizes that am
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Decentralised

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