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Doctors Medicines MCQs Q&A

  1. sunk cost
  2. occurred cost
  3. weighted cost
  4. mean cost
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1 Answers

Answer: Option 1

Cost which has occurred already and not affected by decisions is classified as sunk cost. A sunk cost is a cost that has already been incurred and cannot be recovered. A sunk cost differs from future costs that a business may face, such as decisions about inventory purchase costs or product pricing.

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