Examlex
An ecologist observes that squirrels from an adjacent area have brought pine cones to a stand of dense hemlock,but no pine seedlings have sprouted.Which term describes what the ecologist has observed?
Accounting Costs
Costs that appear on the financial statements of a company.
Economic Decisions
Choices made by individuals, firms, or governments regarding the allocation of resources to optimize benefits.
Sunk Cost
A cost that has already been incurred and cannot be recovered. It should not impact future business decisions because it cannot be changed.
Depreciation
The reduction in the value of an asset over time, particularly regarding tangible assets like machinery and vehicles.
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