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Hunter-Best [27]
3 years ago
9

A sunk cost is:A) a cost that may be saved by not adopting an alternative.B) a cost that may be shifted to the future with littl

e or no effect on current operations.C) a cost that cannot be avoided because it has already been incurred.D) a cost which does not entail any dollar outlay but which is relevant to the decision-making process.
Business
1 answer:
Alex Ar [27]3 years ago
4 0

Answer: The correct answer is "C) a cost that cannot be avoided because it has already been incurred.".

Explanation: Sunk costs are those costs that have already been incurred and cannot be recovered in the future.

Example: Suppose a company wants to launch a new product for which it has commissioned a market study whose cost is $ 5000.

Once the market study is obtained, the company is not convinced that the product will be successful. When analyzing the decision The first thing to recognize that the expenses incurred ($ 5000) are sunk costs, will not be recovered and therefore should not influence the decision about the product.

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The multiplier applies to Group of answer choices investment, net exports, and government spending. increases in spending but no
olga2289 [7]

The multiplier applies to the investment, net exports and government spending.

<h3>What is a multiplier?</h3>

This refers to an economic factor that of increased, it can causes an increases in many other related economic variables.

Hence, in economics, its applies to the investment, net exports and government spending.

Therefore, the Option A is correct.

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3 0
2 years ago
The sales and profits of an individual product may not follow the life cycle pattern.A. TrueB. False
Nat2105 [25]

Answer:

A. True

Explanation:

The product life cycle is a term that describes a form of structure or arrangement of sales and profits of a product in a given time.

However, due to volatile marketing conditions, it is TRUE, that the sales and profits of an individual product may or may not follow the life cycle of the general pattern.

Hence, the correct answer in this situations is absolutely TRUE

8 0
3 years ago
The greater the number of compounding periods within a year, then (1) the greater the future value of a lump sum investment at T
tester [92]

Answer:

True

Explanation:

If there is a more number of compounding periods within a year so it would result into the higher price of future value for lump sum investment in year 0 but the case would be adverse with the present value i.e there is less amount in the present value with regard to lumpsum amount i.e to be recieved in the future date

Hence, the given statement is true

5 0
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The fundamental belief behind the market-oriented us economy is that firms are in the best position to know if their actions wil
JulijaS [17]

The fundamental belief behind the market-oriented US economy is that firms are in the best position to know if their actions will cause antitrust laws to be being broken and allow them to work more efficiently. This is further explained below.

<h3>What is an Economy?</h3>

Generally, the status of a country in terms of commodities and services production and consumption.

In conclusion, Firms are in the best position to ascertain the effect of their actions on the economy.

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3 0
2 years ago
How do entrepreneurs contribute to nation economically
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Entrepreneurs help the nation by creating new and unique businesses (which can increase profit and employment), they add to national income, and they create social change.
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4 years ago
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