____ Mean That the Costs Involved Cannot Be Recouped for a Considerable

question 146

Multiple Choice

____ mean that the costs involved cannot be recouped for a considerable period of time.

• A)Sunk costs
• B)Opportunity costs
• C)Overheads
• D)Restructuring costs

---

Definitions:

Railway Labor Act

A United States federal law that was originally enacted in 1926 to replace the existing dispute resolution mechanisms in the railway industry with a more effective and formal process.

National Industrial Recovery

A component of the U.S. New Deal in the 1930s aimed at stabilizing and reviving the economy by regulating industry, labor standards, and encouraging collective bargaining.

Agrarian Society

A community whose economy is based on producing and maintaining crops and farmland.

Self-employed Farmers

Individuals who operate their own agricultural enterprises, producing crops or raising livestock, without being employed by another entity.