hich of the following statements is CORRECT?

Answers:	a. A good example of a sunk cost is when Coca-Cola conducts taste tests before deciding whether to release a new beverage.
	b. A sunk cost is any cost that must be expended to complete a project and bring it into operation.
	c. A sunk cost is a situation where a project would have an adverse effect on some other part of the firms overall operations.
	d. Sunk costs must be considered if the IRR method is used but not if the firm relies on the NPV method.
	e. A good example of a sunk cost is a situation where Starbucks opens a new shop, and that leads to a decline in sales of one of the firms existing shops.

Explain