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.
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