Multiple Choice
Any time one purchases a ticket in advance of an event,if the ticket is non-refundable and non-transferable,then on the day of the event,
A) the ticket is part of the cost of going.
B) the ticket is a marginal cost.
C) the ticket is part of the cost of going if it was expensive.
D) the ticket is a sunk cost and should pay no role in the decision to go or not.
E) the ticket is an average cost but not a sunk cost.
Correct Answer:

Verified
Correct Answer:
Verified
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