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Truman University is thinking of opening an evening college. In figuring the cost of such a project, a figure is provided for lighting of parking lots. It is pointed out by the university's finance officer that a city ordinance requires that the parking lots be lighted whether there is an evening college in session or not. Lighting expenses in this case are:

a. alternative costs.

b. side effects.

c. sunk costs.

d. opportunity costs.

e. variable costs.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92181903

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