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5 votes
The cost incurred by a firm through the foregone earnings on capital invested is a(n):

asked
User Andrin
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1 Answer

4 votes
the answer is sunk cost
This incurred cost usually could not be recovered in any way.
For example, let's say for the business operation, you make a prepaid rent for a building for the whole year.
In this situation, the prepaid rent could be considered as a sunk cost because it's already incurred and not recoverable anymore
answered
User Bee San
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