New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    _____ is the cost that have already been incurred and

    cannot be recovered.
    A Opportunity cost Correct Answer Incorrect Answer
    B Sunk Cost Correct Answer Incorrect Answer
    C Implicit cost Correct Answer Incorrect Answer
    D Direct cost Correct Answer Incorrect Answer

    Solution

    A sunk cost is  money that has already been spent and cannot be recovered .

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