The Sunk Cost Fallacy Is The

question 2

Multiple Choice

The sunk cost fallacy is the:

• A) principle that sunk costs matter more and more with the passage of time.
• B) mistaken belief that one should consider sunk costs when making decisions.
• C) idea that people ignore experience when making future decisions.
• D) correct belief that past investments can be recovered from future actions.

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Definitions:

Inject Drugs

The act of administering drugs directly into the bloodstream through a needle and syringe.

Risky Sexual Behaviors

Actions that increase the likelihood of contracting sexually transmitted infections (STIs) and/or unintended pregnancy, such as having multiple partners or unprotected sex.

Pathology

The study of diseases, their causes, processes, development, and consequences.

Incidence

The occurrence, rate, or frequency of a disease, crime, or something else undesirable.