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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1275609
Introduction to Economics 1 Deneme Sınavı Sorusu #1275609
Which of the followings refers to an expenditure that was incurred in the past and is irreversible in the short-run?
|
Competitive market. |
|
Sunk cost. |
|
Break-even point. |
|
Profit maximization. |
|
Total revenue. |
Yanıt Açıklaması:
Sunk Cost: an expenditure that was incurred in the past and is irreversible in the short-run. Therefore, the correct option is B.
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