The Text Cites "Evil Resulting from Gradually Escalating Commitments" as an Example

question 99

Multiple Choice

The text cites "evil resulting from gradually escalating commitments" as an example of

• A)the attitudes-follow-behaviour principle.
• B)the effects of the low-ball technique.
• C)how saying becomes believing.
• D)the overjustification effect.

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Definitions:

Obsolescence

The process of an asset becoming outdated or no longer used, often due to technological advancements.

Annual Rate of Return

The Annual Rate of Return is the percentage of profit or loss on an investment over a one-year period, taking into consideration both capital gains and dividends.

Initial Investment

The amount of money used to start a project, purchase an asset, or invest in a business venture.

Net Annual Cash Inflow

The difference between all cash received and all cash expended by a business in one year.