Future Costs That Change as a Result of a Decision

question 10

Multiple Choice

Future costs that change as a result of a decision are:

• A) Sunk costs
• B) Variable costs
• C) Differential costs
• D) Opportunity costs

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Definitions:

C Soil Horizon

The layer of soil that consists of weathered parent material, lying beneath the A (topsoil) and B (subsoil) horizons.

Weathering

Weathering is the process by which rocks, soil, and minerals are broken down by the Earth's atmospheric and biological conditions, such as temperature changes and chemical reactions.

Parent Material

The underlying geological material (generally bedrock or a superficial or drift deposit) in which soil horizons form.

Iron Oxide

A chemical compound made of iron and oxygen, commonly found in rust and various minerals, and used in numerous industrial applications.