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Regarding a referral to a therapist, which of the following statements is FALSE?
Sunk Cost
Expenses that have already been incurred and cannot be recovered, and should not affect future economic decisions.
Remodeling
The process of improving or updating the structure, layout, or appearance of an existing building or space.
Marginal Costs
The expense incurred from the manufacture of an extra single product or service unit.
Total Cost
All expenditures related to the manufacture of goods or provision of services, integrating both unchanging and dynamic costs.
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