Costs That Have Already Been Incurred, and Which Cannot Be

question 140

Multiple Choice

Costs that have already been incurred, and which cannot be recovered, are known as

• A)short-run fixed costs.
• B)implicit costs.
• C)unavoidable costs.
• D)sunk costs.

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Definitions:

Embryo

The developing human organism during the period (week 3 through week 8) when the major systems, organs, and structures of the body develop.

Excessive Television

Watching TV for extended periods, potentially leading to negative health and behavioral outcomes.

Greater Athleticism

A higher level of physical strength, agility, and performance in sports activities, often stemming from intensive training and genetic factors.

Exosystem

is a term from ecological systems theory describing a social setting that indirectly affects an individual even though they do not actively participate in it.