The Titanic Hit an Iceberg and Sank

question 37

Multiple Choice

The Titanic hit an iceberg and sank. In deciding whether or not to salvage the ship, its book value is a(n)

• A)relevant cost.
• B)sunk cost.
• C)opportunity cost.
• D)discretionary cost.

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Definitions:

Double Curved Spine

The natural S-shaped curvature of the human spine, which enhances our ability to maintain upright posture and balance.

Brain Volume

The total space occupied by the brain, typically measured in cubic centimeters or milliliters, and often used to study correlations with cognitive abilities.

Australopithecines

A group of extinct hominins closely related to humans, known from fossil remains found in Eastern Africa.

Homo Sapiens

The species to which all modern human beings belong and the only extant member of the genus Homo.