Examlex
Which of the following statements is true?
Irrational Treatment
Behavior or actions that lack reason or logical thought, often leading to unfair treatment.
Sunk Costs
Expenses that have already been incurred and cannot be recovered, which should not affect future decision-making but often do.
Faulty Hindsight
The misjudgment of the reasons behind past decisions based on the outcome rather than on the information available at the time.
Sunk Costs
Costs that have already been incurred and cannot be recovered, which should not influence future business or personal decisions.