[16] The most valuable investment given up if an alternative investment is chosen is referred to as a(n): [A] sunk cost. [B] opportunity cost. [C] erosion cost. [17] The cost of test marketing a product prior to deciding whether or not to produce the product is a sunk cost. [A] True [B] False [18] An asset will be depreciated faster using MACRS rather than the straight-line method. [A] True [B] False [19] The financial break-even point determines which one of these values? [A] Fixed costs [B] Variable cost per unit [C] Sales quantity [20] The return earned in an average year over a multi-year period is called the _____ average return. [A] arithmetic [B] standard [C] geometric