Multiple Choice
Suppose you are a manager of a factory.You purchase five (5) new machines at one million dollars each.If you can resell two of the machines for $500,000 and three of the machines for $200,000,what are the sunk costs of purchasing the machines?
A) $5 million
B) $500,000
C) $3.4 million
D) $1.6 million
Correct Answer:
Verified
Correct Answer:
Verified
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