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Which of the Following Is True of Sunk Costs

Question 17

Multiple Choice

Which of the following is true of sunk costs?


A) They are the costs incurred whether or not the project is adopted.
B) They are the costs of an alternative investment that must be forgone if invested in a particular investment.
C) They are the costs of carrying inventory.
D) They are the costs incurred to produce one additional unit of a product.

Correct Answer:

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