How Are Sunk Costs and Fixed Costs Related

question 42

Multiple Choice

How are sunk costs and fixed costs related?

• A)They are not related in any way.
• B)Sunk costs cannot be recovered and fixed costs can be avoided by shutting down.
• C)In the short run they are equal to each other.
• D)In the long run they are equal to each other.

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Definitions:

Negative Affectivity

A personality trait that involves the experience of negative emotions and poor self-concept.

Cognitive-behavioral Interventions

Therapeutic approaches designed to change patterns of thinking or behavior that are causing people's problems or distress.

Relaxation Techniques

Methods or activities designed to reduce stress and anxiety, promoting physical and mental well-being, such as deep breathing, meditation, or yoga.

Bad Food Habits

Unhealthy eating patterns or practices that can lead to nutrition-related problems or conditions.