The Cost That Is Incurred as a Result of Past

question 11

Multiple Choice

The cost that is incurred as a result of past, irrevocable decisions and is irrelevant to future decisions is called:

• A) Opportunity cost
• B) Sunk cost
• C) Incremental cost
• D) None of the above

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Definitions:

Distraction

A factor that diverts attention away from the primary task, potentially lowering the quality of performance.

Rumination

The compulsive focused attention on the symptoms of one's distress, and on its possible causes and consequences, as opposed to its solutions.

Facial-feedback Hypothesis

The concept that emotional experiences can be shaped by facial expressions.

Cannon-Bard Theory

The Cannon-Bard theory of emotion posits that emotional and physiological responses to stimuli occur simultaneously, challenging the notion that emotions result from the physiological arousal.