Give a few examples (Minimum of 3 examples) of how sunk costs have influenced you in your decisions by mistake.
PROFESSOR’S GUIDANCE FOR THIS WEEK’S LE:
When it comes to making economics/general decisions we do a cost-benefit analysis. Among the costs we take into account, there are some that should not be taken into account, like sunk costs.
1. Please make sure that you read the relevant chapter from the textbook
2. Watch the YouTube videos for this week and additional course material provide
Be sure to proofread carefully (Use Grammarly – the premium version! Make sure your writing score is more than 90) and cite your sources (APA 7.0 ed).
NOTE:
- Post your 300-400-word answers by Wednesday 11:55 pm to earn a maximum of 14 points.
- Offer at least two 200-300-word comments (replies) to posts from your peers’ discussions by Sunday 11:55 pm to earn a maximum of 8 points each.
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