Solved

A Cost That Has Already Been Made and Cannot Be

Question 201

Multiple Choice

A cost that has already been made and cannot be recovered is called a

A) variable cost.
B) fixed cost.
C) sunk cost.
D) marginal cost.

Related Questions

Q196: Health care costs rose more than 10

Q197: Decent Donuts<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt="Decent Donuts

Q198: When a firm's long-run average cost is

Q199: When a firm is experiencing diseconomies of

Q200: One reason for diseconomies of scale is

Q202: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above

Q203: The long run is distinguished from the

Q204: All the decisions made by people who

Q205: A firm's average variable cost is $60,

Q206: A firm's average total cost is $100,