Question
Select the statement that can logically complete the paragraph given below. That human beings often continue to pour money into bad projects because they have already invested in them and cannot bring themselves to lose that investment is well known. Indeed, the Sunk 3ost Fallacy, as this phenomenon is called, is frequently cited as an example of people failing to behave in the “rational” way that classical economics suggests they should. Though the exact psychological underpinning of the sunk-cost fallacy is debated, it might reasonably be expected to apply only when the person displaying it also made the original investment. _________________________. In making decisions, people may also take into account the sunk costs of others.
More English Usage or Grammar Questions
- The tribunal noted that the driver of the (offend) truck did not lead any evidence in rebuttal of the claims.
- Given below are four jumbled sentences. Select the option that gives their correct order. A. The boy was the only son of a poor widow. B. Sultan Gayasuddin...
- Choose the correct modal/structure. The file is not on my table; the clerk ______ have taken it to the accounts section.
- Hitler's first DAP speech was held in the Hofbräukeller in 16 October 1919.
- An example sentence with the Adverb Clause of Purpose is
- Select the most appropriate ANTONYM of the emboldened word. Dendritic cells were first described by Paul Langerhans (hence Langerhans cells) in the late n...
- The advent we entertained and informed ourselves/(P) of satellite television was a silent/(Q) and completely changed the way/(R) revolution which created a...
- Find the part containing error. If none of the four parts contains error, mark ‘No Error’ as your answer. When one embarks on a journey (A) / of self-disc...
- Federal policy on women's health research has evolved by fits and starts.
- When Anshul told everyone that he had resigned his job, all the members in the family were at their wits’ end .
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
