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    Principles of Microeconomics Study Set 4
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    Exam 10: Monopoly
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    An Expenditure That Has Already Been Made and Cannot Be
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An Expenditure That Has Already Been Made and Cannot Be

Question 39

Question 39

Multiple Choice

An expenditure that has already been made and cannot be recovered is called a _______ cost.


A) nonretrievable
B) floating
C) sunk
D) diseconomy of scale

Correct Answer:

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