Sunk Costs Are Different from Other Concepts of Costs in That

question 76

Multiple Choice

Sunk costs are different from other concepts of costs in that they

• A) can be either variable or fixed.
• B) cannot be lessened by choosing any particular course of action.
• C) influence the decision of which activity to do or not do.
• D) rise as the level of the activity rises.
• E) must be included for an accurate cost-benefit analysis.