-The least important cost to consider when making a choice is the
A) marginal cost.
B) average cost.
C) sunk cost.
D) interest cost.
E) opportunity cost.

Name: -The least important cost to consider when making a choice is the A) marginal cost. B) average cost. C) sunk cost. D) interest cost. E) opportunity cost.
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Question

-The least important cost to consider when making a choice is the
A) marginal cost. 
B) average cost. 
C) sunk cost. 
D) interest cost. 
E) opportunity cost.

Quizplus · Accepted Answer

Sunk costs are past costs that have already been incurred and cannot be recovered, so they should not influence current decision-making.

-The Least Important Cost to Consider When Making a Choice