Which of the following costs can be ignored when making a decision? a. Opportunity costs. b. Differential costs. c. Sunk costs. d. Relevant costs.
Which of the following costs can be ignored when making a decision? a. Opportunity costs. b. Differential costs. c. Sunk costs. d. Relevant costs.
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 1MC: ______ are the costs associated with not choosing the other alternative. A. Sunk costs B....
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Which of the following costs can be ignored when making a decision?
a. Opportunity costs.
a. Opportunity costs.
b. Differential costs.
c. Sunk costs.
d. Relevant costs.
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