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Which of the following is not a political act?
Sunk Costs
Past expenses that have already been incurred and cannot be recovered, and therefore should not affect future business decisions.
Fixed Costs
Fixed costs are business expenses that remain constant regardless of the level of production or sales.
Cost Of Capital
The rate of return that a business needs to generate from its investments in order to cover the cost of raising funds, either through debt or equity.
Capital Budgeting
The process used by companies to evaluate which major projects or investments should receive funding.
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