A Sunk Cost Is a Cost That Has Already Been

question 82

True/False

A sunk cost is a cost that has already been incurred and cannot be avoided regardless of what action is chosen.

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Definitions:

Reaction Formation

is a psychological defense mechanism where a person behaves in the opposite way to their actual feelings in order to hide their true emotions.

Opposite Extreme

A situation or condition that is diametrically different from another, usually in context to position, condition, or behavior.

Defense Mechanism

Psychological strategies brought into play by individuals, groups, or even nations to cope with reality and to maintain self-image.

Sublimation

In psychology, it refers to a defense mechanism where socially unacceptable impulses or idealizations are unconsciously transformed into socially acceptable actions or behavior.