Jason Spends All Afternoon Baking a Cake

question 71

Multiple Choice

Jason spends all afternoon baking a cake.When it comes out of the oven,it's burnt and sunk in the middle.Jason thinks about all the time he invested in making it and decides he'll spend more time frosting it and eat it anyway,even though it tastes pretty terrible.Jason's decision to continue to decorate and eat the cake is a good example of:

• A)someone considering sunk costs.
• B)someone ignoring sunk costs.
• C)someone thinking marginally.
• D)someone weighing the opportunity costs of frosting and eating the cake and the benefits of doing so.

---

Definitions:

Stereotyping

The act of assigning a set of characteristics to a group of people without considering individual differences.

Reinforcement

In psychology and organizational behavior, reinforcement refers to any process that strengthens or increases the likelihood of a specific response or behavior.

Internal Attribution

The inclination to attribute one's own actions and experiences to personal factors rather than to external factors.

Poor Performance

Describes below average or failing work output by an employee or organization, often requiring corrective measures.