Luigi Drives Two Hours to a Store to Buy a Mikata

question 21

Multiple Choice

Luigi drives two hours to a store to buy a Mikata circular saw. Unfortunately, the store sold its last Mikata saw just before Luigi arrived. Luigi decides to buy a lesser-quality saw so that his two-hour trip was not a waste of time. Luigi is committing the:

• A) sunk cost fallacy.
• B) marginal comparison fallacy.
• C) ceteris paribus fallacy.
• D) harmonization conundrum.

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