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:

Person-centered

A therapeutic approach developed by Carl Rogers focusing on an individual's capacity for self-direction and understanding of his or her own development.

Gestalt

A theory that proposes objects are viewed holistically, emphasizing the whole is greater than the sum of its parts.

Behavioral

Pertaining to observable actions or responses in humans or animals.

Psychoanalytic

Pertaining to a psychological theory and therapeutic method developed by Sigmund Freud, focusing on unconscious motives and conflicts.