Costs that have already been incurred, and which cannot be recovered, are known as

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Costs that have already been incurred, and which cannot be recovered, are known as

Costs that have already been incurred, and which cannot be recovered, are known as
A) short-run fixed costs.
B) implicit costs.
C) unavoidable costs.
D) sunk costs.

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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Tidy Author

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