Hold-Up Can Only Occur If

question 3

Multiple Choice

Hold-up can only occur if

• A)Costs are fixed
• B)Costs are sunk
• C)Costs are avoidable
• D)Costs are incurred

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Definitions:

Soft Data

Qualitative or subjective information that may be based on opinions, feelings, or perceptions, rather than hard data, which is quantitative and measurable.

Decision-Based Evaluation (DBE) Model

A framework used to evaluate decisions by assessing their outcomes, processes, and impacts.

Evaluation Models

Frameworks or theories designed to assess the effectiveness and impact of programs, policies, or interventions.

Kirkpatrick's "Level One"

The first level of Kirkpatrick's model, which assesses participants' immediate reactions to a training program.