Which One of the Following Is an Example of a Sunk

question 83

Multiple Choice

Which one of the following is an example of a sunk cost?

• A) $1,500 of lost sales because an item was out of stock
• B) $1,200 paid to repair a machine last year
• C) $20,000 project that must be forfeited if another project is accepted
• D) $4,500 reduction in current shoe sales if a store commences selling sandals
• E) $1,800 increase in comic book sales if a store ceases selling puzzles

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Definitions:

Egotist

An individual who is excessively focused on themselves, often neglecting others' feelings or perspectives due to their self-centered nature.

Prima Donna

Originally referring to the leading female singer in an opera, it now often describes someone who behaves self-importantly and has difficulty accepting criticism or playing a secondary role.

Poor Team Player

An individual who struggles to work effectively within a team, often due to lack of collaboration or communication skills.

Confront, Contain, Connect

A conflict resolution strategy involving directly addressing an issue, managing its impact, and establishing relationships or understanding.