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:

Sphagnum

A genus of mosses known for their role in creating peat bogs, which are significant ecosystems for carbon storage.

Bryophyte

A group of non-vascular plants that includes mosses, liverworts, and hornworts, known for their life cycle that prominently features a gametophyte stage.

Economically Important

An entity or activity considered economically important provides significant financial value or impact to an economy through jobs, goods, services, or commerce.

Hornworts

A group of non-vascular plants belonging to the phylum Anthocerotophyta, known for their horn-like sporophytes.