Question: Question 1 1 pts (Ref. Unit 7 Slide 7) A company spent $10,000 last month on repairing equipment for a proposed project. This month

Question 1 1 pts (Ref. Unit 7 Slide 7) A company spent

Question 1 1 pts (Ref. Unit 7 Slide 7) A company spent $10,000 last month on repairing equipment for a proposed project. This month the company is deciding whether the equipment could be used more efficiently by assigning it to another project different from the proposed project. Which of the following best describes the $10,000 for an evaluation of the proposed project? Opportunity cost Sunk cost Variable cost Fixed cost

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