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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 2: Economic Tools and Economics Systems
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    Sunk Costs
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Sunk Costs

Question 65

Question 65

Multiple Choice

Sunk costs


A) can only be measured in monetary terms
B) are opportunity costs
C) should influence a person's choice if that person is a marginal decision maker
D) lower the efficiency of production
E) should not be considered when making economic decisions

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