Sunk costs are different from other concepts of costs in that they
A) can be either variable or fixed.
B) cannot be lessened by choosing any particular course of action.
C) influence the decision of which activity to do or not do.
D) rise as the level of the activity rises.
E) must be included for an accurate cost-benefit analysis.

Question

Quizplus · Accepted Answer

Sunk costs are costs that have already been incurred and cannot be recovered regardless of what course of action is taken. They should not be factored into future decision making as they cannot be changed.

Sunk Costs Are Different from Other Concepts of Costs in That