Which One of the Following Is an Example of a Sunk

question 79

Multiple Choice

Which one of the following is an example of a sunk cost?

• A)$1,500 of lost sales because an item was out of stock
• B)$1,200 paid to repair a machine last year
• C)$20,000 project that must be forfeited if another project is accepted
• D)$4,500 reduction in current shoe sales if a store commences selling sandals
• E)$1,800 increase in comic book sales if a store commences selling puzzles

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Definitions:

Objective Stance

A neutral, unbiased perspective that is not influenced by personal feelings or opinions in considering and representing facts.

Human Health Service

Organizations and resources dedicated to promoting, maintaining, or restoring health through the prevention and treatment of illness.

Helpful Activity

A helpful activity refers to any action undertaken to provide aid, support, or benefit to individuals or groups.

Helping Service

Services designed to provide assistance, support, or aid to individuals in need, often aiming to improve quality of life or resolve problems.