Examlex

Solved

The Tendency to Be Influenced by Sunk Costs and to Continue

question 34

True/False

The tendency to be influenced by sunk costs and to continue to pour money into unviable projects is a common psychological phenomenon,which is called escalation of commitment.


Definitions:

Conversation

An interactive, spontaneous dialogue between two or more individuals, exchanging thoughts, information, or feelings.

Courteous Use

The application of politeness and good manners in communication and interaction with others.

Cell Phones

Cell phones are portable telecommunications devices that allow for the making and receiving of calls, as well as other functions like texting and internet access.

Space Language

Language designed for communication in or about environments outside the Earth's atmosphere, often involving technical and scientific terminologies.

Related Questions