A cost that has already been made and cannot be recovered is called a
A) variable cost.
B) marginal cost.
C) fixed cost.
D) sunk cost.

Name: A cost that has already been made and cannot be recovered is called a A) variable cost. B) marginal cost. C) fixed cost. D) sunk cost.
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Question

Quizplus · Accepted Answer

Sunk costs are expenses that have already been incurred and cannot be recovered, regardless of future events or decisions.

A Cost That Has Already Been Made and Cannot Be