The Definition of a Sunk Cost Is

question 60

Multiple Choice

The definition of a sunk cost is

• A)a cost that cannot be recovered regardless of what happens.
• B)a cost that relates to money poured into the ground.
• C)considered the original cost of an item.
• D)also known as an opportunity cost.

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Definitions:

Filtering

The process of screening, selecting, or reducing information to manage what is passed through to avoid information overload or to emphasize certain data.

Negative Feedback

A process or response where the results of a behavior or action are used to decrease or dampen further occurrence of that behavior or action.

E-mail

A method of sending messages electronically from one computer user to another, typically via the internet.

Written Communication

The process of conveying information or expressing ideas through the writing of symbols, words, or sentences.