Suppose you spend 10 bucks for a ticket to the fair and suddenly, your friends show up and invite you to the movies.
Now, you have 2 choices: going to the fair or going to the movies. You can't do both. Suppose you would enjoy both activities as much, but still, you have to choose.
This is the question: regardless of the option you choose, will those 10 bucks you spent be a factor that will influence your decision?
Please just respond if it will affect your decision or not. DO NOT EXPLAIN YOUR ANSWER!!!!!
2007-03-15 15:22:53 · 5 answers · asked by Anonymous in Social Science ➔ Economics
yes (enough said?)
2007-03-15 15:29:05 · answer #1 · answered by Mopar Muscle Gal 7 · 0⤊ 0⤋
no, 10 bucks are sunk cost.
you should compare going to fair (which is "free" now that you have a ticket), or spending more money and going to movies with a friend.
2007-03-16 14:50:18 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes. Happy?
If you're a business you might consider it a sunk cost. If you're an actual human, you're going to say "Damn, I already spent 10 bucks, I'm not wasting that s--- just 'cause you idiots want to go see a stupid movie."
2007-03-16 01:06:57 · answer #3 · answered by KevinStud99 6 · 0⤊ 0⤋
Yes, it would affect my decision.
2007-03-16 00:23:56 · answer #4 · answered by Dilettante 5 · 0⤊ 0⤋
No.
2007-03-15 22:44:21 · answer #5 · answered by aivilo 3 · 0⤊ 0⤋