Which of These Types of Costs Can Be Ignored When

question 409

Multiple Choice

Which of these types of costs can be ignored when an individual or a firm is making decisions?

• A)sunk costs
• B)marginal costs
• C)variable costs
• D)opportunity costs

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Definitions:

Nonverbal Communication

Communication that occurs without the use of words, often involving body language, facial expressions, and other visual cues.

Common Gestures

Widely recognized body movements used to communicate nonverbally, such as nodding for agreement or shrugging for indifference.

Eye Contact

The act of looking directly into another person's eyes, which can convey confidence, interest, and engagement during communication.

Verbal Clues

Indicators or hints found within spoken language that can help in understanding the speaker’s intentions, emotions, or truthfulness.