Past Costs Are Also Called Sunk Costs Because They Are

question 12

True/False

Past costs are also called sunk costs because they are unavoidable and cannot be changed no matter what action is taken.

---

Definitions:

Catecholamines

Chemical compounds, including epinephrine and norepinephrine, which are produced by the adrenal glands and function as neurotransmitters and hormones, playing key roles in the body's response to stress.

Cortisol

A steroid hormone produced by the adrenal glands, often released in response to stress and low blood-glucose concentration.

Histamine

A nitrogenous compound involved in local immune responses, regulating physiological function in the gut, and acting as a neurotransmitter for the brain, spinal cord, and uterus.

Protease

An enzyme that breaks down proteins into smaller peptides or amino acids.