An Avoidable Cost Is a Cost That Can Be Eliminated

question 22

True/False

An avoidable cost is a cost that can be eliminated (in whole or in part) as a result of eliminating a sunk cost

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Definitions:

Simplify

To alter a mathematical expression or equation to make it easier to understand or work with, often by reducing it to its simplest form.

Evaluate

To evaluate in mathematics means to calculate the value of an expression by substituting numbers for variables and performing the indicated operations.

Rule Of Correspondence

A fundamental concept in mathematics that refers to how every element of one set is assigned to one or more elements of a second set, often exemplified in functions.

Ordered Pairs

Pairs of numbers used to represent positions on a graph, with the first number indicating horizontal position and the second number indicating vertical position.