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In early July, Colin Marks purchased a $77 ticket to the December 15 game of the Sarasota Shippers. Parking for the game was expected to
In early July, Colin Marks purchased a $77 ticket to the December 15 game of the Sarasota Shippers. Parking for the game was expected to cost approximately $29, and Marks would probably spend another $22 for a souvenir program and food. It is now December 14. The Shippers were having a miserable season and the temperature was expected to peak at 5 degrees on game day. Marks therefore decided to skip the game and took his wife to the movies, with tickets and dinner costing $55. The sunk cost associated with this decision situation is: Multiple Choice None of the answers is correct. $77 $22 $128. None of the answers is correct. $77. $22. $128. $55
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