Franklin and Johnson, CPAs, currently work a five-day week. They estimate that net income for the firm would increase by $40,000 annually if they worked an additional day each month. The cost associated with the decision to continue the practice of a five-day work week is an example of: sunk cost. opportunity cost. differential income. differential revenue.

Franklin and Johnson, CPAs, currently work a five-day week. They estimate that net income for the firm would increase by $40,000 annually if they worked an additional day each month. The cost associated with the decision to continue the practice of a five-day work week is an example of: sunk cost. opportunity cost. differential income. differential revenue