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Which of the following is an an example of a sunk cost? a. Jossie purchases a textbook online but returns it because it is the wrong edition b. Maria goes to a lunch vending machine to get a quick snack.
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25 votes
25 votes
Which of the following is an an example of a sunk cost?

a. Jossie purchases a textbook online but returns it because it is the wrong edition
b. Maria goes to a lunch vending machine to get a quick snack. In her haste, she mistakenly pushes the wrong buttons and gets a wheatgrass sandwich instead of hot pocket she was craving.
c. Kennys new smartphone stops working, but it is still under warranty, so he is able to have it repaired at no cost.
d. Antonio goes to the movies. After the opening credits, he realizes he is in the wrong theater. He informs the manager and is able to get a refund.

User Createdbyjurand
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1 Answer

25 votes
25 votes

Answer:

Option b is correct.

Step-by-step explanation:

Option b is correct.

The sunk cost is the cost that has been incurred and which can not be recovered. Thus, anycost that can not be recovered is called the sunk cost. Therefore, the option 'b' that states pushing wrong button and getting a wheatgrass sandwich is the sunk cost because it can not be returned.

User Joe Sonderegger
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