You Spent $500 Last Week Fixing the Transmission in Your

Multiple Choice

You spent $500 last week fixing the transmission in your car.Now,the brakes are acting up and you are trying to decide whether to fix them or trade the car in for a newer model.In analyzing the brake situation,the $500 you spent fixing the transmission is a(n) ________ cost.

A) opportunity
B) fixed
C) incremental
D) sunk
E) relevant