Author Question: ________ are costs that, once committed, can never be recovered and should not affect current and ... (Read 106 times)

tiara099 · **on:** Jun 29, 2018

________ are costs that, once committed, can never be recovered and should not affect current and future production costs.

A) Opportunity costs
B) Marginal costs
C) Sunk costs
D) Variable costs

Question 2

A diagram shows the quantity of tomatoes on the horizontal axis and the quantity of coffee on the vertical axis. The quantity of tomatoes remains constant as the quantity of coffee increases. The graph of these data is

A) a horizontal line.
B) a vertical line.
C) a positively sloped line.
D) a negatively sloped line