Expert Witnesses Are Expected to Do All of the Following

question 18

Multiple Choice

Expert witnesses are expected to do all of the following except:

• A) evaluate ultrasound studies.
• B) testify in court.
• C) deliver subpoenas.
• D) explain the physics of ultrasound to the judge and jury.

---

Definitions:

Sunk Cost

A sunk cost is an expense that has already been incurred and cannot be recovered, often considered irrelevant for future business decisions.

Opportunity Cost

The cost of the next best alternative foregone as a result of making a decision.

Incremental Revenue

Additional income generated from a new sale, project, or strategy, over and above existing revenue streams.

Incremental Costs

Costs that change as a result of a new decision or alternative action, also known as marginal costs.