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6. You spruced up the house you were renting by having the house painted; planting hedges and flowers; buying new patio furniture; installing new carpeting;
6. You spruced up the house you were renting by having the house painted; planting hedges and flowers; buying new patio furniture; installing new carpeting; and purchasing new houseplants, bookshelves, and bedspreads. You had to move unexpectedly to a new city. Which of the following is an example of a sunk cost? - sunk costs=past expenses that cannot be recovered e.g hedges and flowers
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