A Cost That Is Unavoidable Regardless of the Actions of a Decision

question 3

Multiple Choice

A cost that is unavoidable regardless of the actions of a decision maker is called

• A) A sunk cost
• B) A marginal cost
• C) An opportunity cost
• D) An incremental cost

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Definitions:

Stroma

The supportive tissue framework of an organ, gland, or other structure, often consisting of connective tissues and blood vessels.

Thylakoid Compartment

A membrane-bound structure within chloroplasts of plant cells and cyanobacteria, involved in the light-dependent reactions of photosynthesis.

Organic Material

Matter composed of organic compounds that has come from the remains of organisms such as plants and animals and their waste products in the environment.

Environment

The surrounding conditions, influences, or forces which affect the survival, development, and evolution of organisms or communities.