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Tidy Tidy
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9 years ago
A sunk cost is
A) another term that means opportunity cost.
B) a term used to describe the cost of capital that the owners of a firm sink into their business.
C) the highest valued alternative that must be given up to engage in an activity.
D) a cost that has already been paid and cannot be recovered.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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8 years ago
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Tidy Author
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9 years ago
Just got PERFECT on my quiz
kriggs62
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Gorgio_De
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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