Which of the Following Older Adults Has the Least Successful

question 17

Multiple Choice

Which of the following older adults has the least successful strategy for improving his cognitive skills?

• A)Bob walks 2 miles each morning.
• B)Earl does crossword puzzles.
• C)Dwayne manages his finances using a computer program.
• D)Sam reads biographies and participates in fitness classes at his local gym.

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Definitions:

Sunk Cost

Costs that have already been incurred and cannot be recovered, which should not affect future investment or business decisions.

Outsourcing

The practice of contracting out certain business functions or processes to a third-party provider.

Fixed Cost

Fixed cost refers to expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Sunk Cost

Expenditures that have already been incurred and cannot be recovered, which should not affect future decision-making.