A Cost That Has Been Incurred and Cannot Be Recovered

question 30

Multiple Choice

A cost that has been incurred and cannot be recovered is a

• A)marginal cost.
• B)sunk cost.
• C)variable cost.
• D)business cost.
• E)significant cost.

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Definitions:

Endorphins

Natural painkillers produced by the brain, which also play a role in enhancing feelings of pleasure.

Hormones

Chemical messengers that are manufactured by the endocrine glands, travel through the bloodstream, and affect other tissues.

Parasympathetic Nervous System

A division of the autonomic nervous system responsible for rest and digest functions, conserving and restoring the body's energy.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for physical activity by triggering the fight or flight response.