--%>

Sunk cost

Give the answer of following question. Which of the following sayings associate most closely to the idea of sunk costs? 1) Don't cry over spilt milk. 2) A bird in the hand is worth two in the bush. 3) He who hesitates is lost. 4) Show me the money.

   Related Questions in Microeconomics

  • Q : Total revenue at level of sales and

    HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. The level of sales and production at that HoloIMAGine would take in its greatest probable total revenue is: (i) output q3

  • Q : Effect of purchasing goods to

    Most of the people can’t modify relative market prices however have a little control over the relative subjective prices of the goods they consume. They are most probable to make market prices and subjective prices compatible when they: (i) Raise purchases of go

  • Q : Comparative statics and consumer demand

    Explain the methodological procedure called comparative statics.  What does this procedure imply regarding the nature of the consumer demand curve?

  • Q : Production and consumption of good of

    Production and consumption of a good is most probable to be economically inefficient in a private market system while private decisionmakers: (i) are affected by government policymakers. (ii) avoid how the activity generates benefits on non-decisionma

  • Q : Arc elasticity for labor of demand The

    The arc elasticity of Bosun’s demand for labor between point d and point e is roughly: (1) one. (2) 1.25. (3) 2.50. (4) 3.75. (5) 5.00.

    Q : Help!! Why does a marginal benefit

    Why does a marginal benefit curve slope downwards?

  • Q : Question on free trade Give me answer

    Give me answer of this question. Which of the following arguments comes closest to constituting a legitimate economic exception to the case for free trade? A) the increase-domestic-employment argument B) the cheap-foreign-labor argument C) the diversification-for-st

  • Q : Saving and the Supply by Interest Rate

    When the preference for current consumption over future consumption strengthens, in that case the: (w) interest rate rises. (x) interest rate falls. (y) present value of future income rises. (z) interest rate remains the same. How

  • Q : Equilibrium interest rates on financial

    Equilibrium interest rates on different financial securities tend to be negatively associated to: (1) the time remaining until an asset matures. (2) default, exchange rate, and interest rate riskiness of an asset. (3) liquidity. (4) savers’ time

  • Q : Unite to form cartels and share

    Oligopolies which unite to form cartels and share monopoly profits give an illustration of: (i) collusive behavior. (ii) territorial imperatives. (iii) mergers and acquisitions. (iv) non-collusive strategy. (v) corporate raiding.