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Escalation of Commitment to a Losing Course of Action Could

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Escalation of commitment to a losing course of action could be an example of the improper treatment of sunk costs.


Definitions:

Nose Drops

A liquid medication intended for administration in the nose to alleviate symptoms such as nasal congestion.

Tolerance

The process of becoming less responsive to a substance or stimulus after repeated exposure.

Withdrawal

A consequence of drug dependence that occurs when the drug is withheld, such that the person feels strong drug cravings and psychological and medical distress.

Cravings

Intense, urgent, or abnormal desires or longings, especially for food or substances.

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