A Sunk Cost Is a Cost That Was Incurred in the Past

question 192

True/False

A sunk cost is a cost that was incurred in the past and cannot be changed regardless of what future action is taken.

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Definitions:

Negative Reinforcement

A behavioral principle where the removal of an unfavorable outcome or stimulus strengthens or increases the likelihood of a specific response or behavior.

Negative Reinforcement

A behavioral principle where the removal of an unfavorable condition strengthens a behavior.

Secondary Reinforcer

A stimulus that has become reinforcing through its association with a primary reinforcer, often used in behavior modification and learning.

Primary Reinforcer

An innately reinforcing stimulus like food or drink, which does not require learning to become pleasurable.