Question: Attending college involves incurring many costs. Give 6 examples of a college cost from the following categories. Explain your reason for assigning each cost to

Attending college involves incurring many costs. Give 6 examples of a college cost from the following categories. Explain your reason for assigning each cost to the classification.

  1. Sunk cost
  2. Discretionary cost
  3. Committed cost
  4. Opportunity cost
  5. Differential cost
  6. Allocated cost

Include a reference

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