A Sunk Cost Is a Cost That Has Already Been

question 82

True/False

A sunk cost is a cost that has already been incurred and that cannot be avoided regardless of what action is chosen.

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Definitions:

Profit Potential

The capacity or possibility for an investment or business venture to generate earnings above its costs.

Parapatric Speciation

Parapatric speciation is the evolution of new species within a spatially extended population that still has some gene flow.

Allopatric Speciation

The evolution of new species after populations have been separated geographically, preventing gene flow between them.

Sympatric Speciation

The evolution of new species within a contiguous population that still has extensive gene flow.