A Sunk Cost Has Already Been Incurred and Cannot Be

question 132

True/False

A sunk cost has already been incurred and cannot be avoided or changed, so it is irrelevant to decision making.

---

Definitions:

Endorphins

Natural, pain-killing chemicals released in the brain that also contribute to sensations of pleasure or well-being.

Enkaphalins

Peptides found in the brain, acting as neurotransmitters or neuromodulators, involved in regulating pain and emotion.

Neurons

Neurons are the basic working units of the brain and nervous system, specialized cells designed to transmit information to other nerve cells, muscle, or gland cells through electrical and chemical signals.

Skeletal Muscles

Muscles that are attached to bones and are responsible for voluntary movements of the body.