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Question

What are "Sunk Costs" in the context of IT resources?

a.

Costs associated with integration testing

b.

Costs incurred when moving between cloud providers

c.

Costs of raising funds for initial investments

d.

Prior investments in existing IT resources

Posted under Cloud Computing

Answer: (d).Prior investments in existing IT resources Explanation:Sunk costs refer to the prior investments made in existing IT resources that are already paid for and operational.

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Q. What are "Sunk Costs" in the context of IT resources?

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