Which of These Types of Costs Can Be Ignored When

question 409

Multiple Choice

Which of these types of costs can be ignored when an individual or a firm is making decisions?

• A)sunk costs
• B)marginal costs
• C)variable costs
• D)opportunity costs

---

Definitions:

Protestants

Members of any of the Western Christian churches that are separate from the Roman Catholic Church and follow the principles of the Reformation.

Government Control

The extent and methods through which a governmental body regulates or influences societal behavior, economic activities, and public policies.

Margaret Fuller

An American journalist, critic, and women's rights advocate associated with the transcendentalist movement, known for her book "Woman in the Nineteenth Century".

Reform Movements

Movements aimed at making changes in societal norms, laws, or policies in order to address issues deemed unfair, unjust, or harmful.