Which One of the Following Decisions Most Clearly Reflects a Lack

question 39

Multiple Choice

Which one of the following decisions most clearly reflects a lack of understanding of the concept of sunk costs?

• A) You pay to have your car towed back to the repair shop because it was not fixed properly the first time.
• B) You decide to get a master's degree because you cannot find a job in the field in which you majored.
• C) You decide to purchase a piece of machinery for your business that will eliminate three employees' positions.
• D) You study eight hours for a final exam even though there is no way now that you can pass the course.

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Definitions:

Hindbrain

Hindbrain is a part of the brain that includes structures like the cerebellum and the brainstem, which are responsible for basic life functions and coordination.

Medulla

A hindbrain structure at the top of the spinal cord; it controls survival functions such as heart rate and breathing.

Hindbrain

The rear division of the brain, responsible for regulating basic life functions such as heartbeat, breathing, and balance.

Heart Rate

The number of times a heart beats per minute, an important measure of heart health and physical fitness.