Which One of the Following Is Most Likely a Sunk

question 306

Multiple Choice

Which one of the following is most likely a sunk cost?

• A) the money you spent last week fixing your car's transmission
• B) the market value of an idle machine which you have decided to use for a new project
• C) the cost of a worker to operate an idle machine which you have decided to use for a new project
• D) the cost of the health insurance which you must pay a worker that you plan to hire for a new project
• E) the reduction in sales of an existing product caused by the introduction of a new product

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Definitions:

Erikson's Stages

A theory of psychosocial development identifying eight stages through which a healthy developing individual should pass from infancy to late adulthood.

Ego Integrity Versus Despair

According to Erikson, the eighth and final stage of psychosocial development, in which people in late adulthood either achieve a sense of integrity of the self by accepting the lives they have lived, and thus accept death, or yield to despair that their lives cannot be relived.

Approaching Death

The final phase of life leading up to death, often characterized by specific physical, emotional, or spiritual changes.

Neurotic Personalities

Personality traits characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.