Multiple Choice
You are considering your housing options for next semester. The cost of a dorm room and the cost of an apartment are the same. You paid a $50 non-refundable deposit to live in the dorm last year. This deposit is an example of a(n) :
A) opportunity cost.
B) relevant cost.
C) sunk cost.
D) avoidable cost.
Correct Answer:
Verified
Correct Answer:
Verified
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Q24: _ would most likely be involved in
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