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2 years ago

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

Business

1 answer:

coldgirl [10]2 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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1 year ago

The Copy Department in the College of Business at State University provides photocopying service for both the Marketing and Econ

fiasKO [112]

Answer:

The correct answer is $170,000.

Explanation:

According to the scenario, computation of the given data are as follows:

We can calculate the cost allocated to Marketing by using following formula:

Total cost allocated = Fixed cost + Variable cost

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2 years ago

The U.S. government funds the federal budget deficit by Group of answer choices borrowing from large private banks at favorable

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The U.S. government funds the federal budget deficit by selling securities such as Treasury bonds and Treasury bills.

<h3>What is budget deficit?</h3>

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Hence, the U.S. government funds the federal budget deficit by selling securities such as Treasury bonds and Treasury bills.

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