An additional cost from selecting a certain course of action is a(n):Multiple ChoiceSunk cost.Period cost.Incremental cost.Pocket cost.Discount cost.

Question

An additional cost from selecting a certain course of action is a(n):Multiple ChoiceSunk cost.Period cost.Incremental cost.Pocket cost.Discount cost.
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Solution 1

The correct answer is: Incremental cost.

This is because an incremental cost is an additional cost that arises from choosing a particular course of action. It is the difference in total costs that will arise from the selection of one alternative over another. Sunk costs, on the other hand, are cos Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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