A Sunk Cost Is A

question 30

Multiple Choice

A sunk cost is a:

• A) cost that cannot be changed and is therefore not relevant to decision making.
• B) fixed cost.
• C) cost which may be saved by not adopting an alternative.
• D) potential benefit forgone.

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Definitions:

Fitness Instructor

A professional who guides individuals or groups in exercise activities, including strength training, stretching, and cardio workouts.

Leaner

Refers to a person or process aiming for efficiency and minimal waste in production, often associated with lean manufacturing or management principles.

Racial Prejudice

Prejudgment or negative attitude based on a set of characteristics associated with the colour of a person’s skin.

Sexism

The belief that one sex is superior to the other, often resulting in the discrimination or devaluation of that gender and the roles related to it.