A Sunk Cost Is

question 43

Multiple Choice

A sunk cost is:

• A)a cost which may be saved by not adopting an alternative.
• B)a cost which may be shifted to the future with little or no effect on current operations.
• C)a cost which cannot be avoided because it has already been incurred.
• D)a cost which does not entail any dollar outlay but which is relevant to the decision-making process.

---

Definitions:

Hydrolyze

To chemically break down a compound into smaller molecules by reacting with water.

Cellulose

A complex carbohydrate that forms the primary structural component of plant cell walls and is indigestible to humans.

Lipids

Organic compounds that are fatty acids or their derivatives and are insoluble in water but soluble in organic solvents. They are an important component of living cells.

Day-neutral Plants

do not require a specific photoperiod to initiate flowering, allowing them to bloom regardless of night length.