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Author Question: Who ends up paying when sunk costs are incurred as a result of erroneous forecasting? A) No one ... (Read 55 times)

codyclark

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on: Jun 29, 2018
Who ends up paying when sunk costs are incurred as a result of erroneous forecasting?
 
  A) No one pays them because they are sunk.
  B) The consumer, because they eventually show up as higher prices.
  C) The government, since they fall evenly on the entire community.
  D) The taxpayer, because they produce a decline in assessed valuations.
  E) Whoever invested in the unsuccessful project.

Question 2

From the apartment landlord's perspective, what might be a substitute use of his rental property?
 
  A) A parking lot
  B) An office complex
  C) A condominium
  D) Any of the above.
  E) Definitely none of the above.


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kardosa007

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Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

D


codyclark

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Reply #2 on: Jun 29, 2018
Correct answers!


kardosa007

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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