Which of the Following Is a Historical Cost That Is

question 12

Multiple Choice

Which of the following is a historical cost that is always irrelevant?

• A)relevant cost
• B)differential cost
• C)opportunity cost
• D)sunk cost

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Definitions:

Tolerance

The ability or willingness to tolerate the existence of opinions or behavior that one dislikes or disagrees with.

Drug's Effects

The physiological and psychological outcomes resulting from the consumption of a pharmaceutical or recreational substance.

Continued Use

The ongoing utilization of a product, service, or practice over time.

Opiates

Substances that act on opioid receptors to produce morphine-like effects, primarily used for pain relief.