Introduction to Economics 1 Deneme Sınavı Sorusu #730077

.......... is a cost that has already been incurred and thus cannot be recovered. Which of the followings completes the gap in the sentence above?


A marginal cost

An average cost

A total cost

A sunk cost

A fixed cost


Yanıt Açıklaması:

A sunk cost is a cost that has already been incurred and thus cannot be recovered. The correct answer is D.

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