You spent $500 last week fixing the transmission in your car.Now,the brakes are acting up and you are trying to decide whether to fix them or trade the car in for a newer model.In analyzing the brake situation,the $500 you spent fixing the transmission is a(n) ________ cost.
A) opportunity
B) fixed
C) incremental
D) sunk
E) relevant
Correct Answer:
Verified
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