Money spent by a politician for a pollster who would determine the chances of the politician's winning an upcoming local election is a(n) _____ cost.

Question

Quizplus · Accepted Answer

Sunk costs are expenses that have already been incurred and cannot be recovered. Money spent on a pollster to assess winning chances in an election is a sunk cost because it cannot be recovered regardless of the election outcome.

Money Spent by a Politician for a Pollster Who Would