Which of the Following Is an Irrelevant Cost

question 69

Multiple Choice

Which of the following is an irrelevant cost?

• A) An avoidable cost
• B) An incremental cost
• C) A sunk cost
• D) An opportunity cost

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Definitions:

Jacobins

A radical political movement that was the most famous political club during the French Revolution, advocating for republicanism, freedom, and equality.

Old Regime

The political and social system of France before the French Revolution of 1789, characterized by absolutism, feudalism, and the privileges of the nobility and clergy.

Marquis de Condorcet

A French philosopher, mathematician, and early political scientist who advocated for a liberal economy, free and equal public instruction, and the abolition of slavery.

Philosophe

A term used primarily to describe the intellectuals of the 18th-century Enlightenment, who sought to apply reason and scientific methods to all aspects of society and human life.