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Which of the following is an example of sunk cost? A. Ned spent $50,000 to train employees at his start-up firm. B. Nancy uses her

Which of the following is an example of sunk cost? A. Ned spent $50,000 to train employees at his start-up firm. B. Nancy uses her own laptop at work. C. Rachel buys her groceries from Costco as it is much cheaper. D. The government has regulated a minimum wage rate for all fast food employees

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