Les Just Bought a Jug of Ginger Beer

question 75

Multiple Choice

Les just bought a jug of ginger beer.As he drinks from the jug,he eventually becomes full.One of his friends comments,"If you don't stop drinking that stuff,you will get sick".Les replies,"Hey,I bought it and I am not going to waste one drop of it".Les' behaviour could best be described by which of the following mental biases?

• A) Loss aversion
• B) Hyperopia
• C) Risk positioning
• D) The sunk-cost fallacy

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Definitions:

Aggressive Behavior

Actions or conduct that is forceful, hostile, or attacking.

Independent Variable

The variable that is manipulated or changed in an experiment to observe its effect on the dependent variable.

Dependent Variable

A variable in an experiment or model that is expected to change in response to changes in independent variable(s).