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A Sunk Cost Is an Expenditure That Is Not Made

question 35

True/False

A sunk cost is an expenditure that is not made because it would be unprofitable to do so.


Definitions:

LinkedIn

A business-oriented website that lets users post their professional profiles to connect to a network of businesspeople, who are also called connections.

Instagram

A social media platform that focuses on photo and video sharing, allowing users to create and share content with followers.

Social Network

A platform or website that enables users to create and share content or to participate in social networking.

Millions of Users

A term describing a product or service that is used by over a million individuals or accounts.

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