Question

1. • Give 6 examples of various costs. 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
   • Reply to one other student that you have not replied to before with an example of when one of their listed costs could be considered in a different classification and explain the rationale.
   • Please include a reference or source at the bottom of your comment for your discussion question.

Answer 1