Wages from a job a student gives up to attend summer school would be a sunk cost.

Name: Wages from a job a student gives up to attend summer school would be a sunk cost.
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Quizplus · Accepted Answer

Sunk costs are costs that have already been incurred and cannot be recovered. Wages a student gives up to attend summer school represent an opportunity cost, not a sunk cost, because it is the income they forego by choosing to attend school instead of working.

Wages from a Job a Student Gives Up to Attend