Multiple Choice
The Car (Scenario)
Haifa is a student, and her older brother has loaned her an old car. The car is in need of several repairs before she will feel comfortable driving it.
-Haifa's brother feels the car is worth repairing because he has owned several cars made by the same manufacturer as this car, and he has driven this car for several years. He is using ________ to determine that the car has value despite its need of repair.
A) return on investment
B) sunk costs
C) selective coordination of thought processes
D) intuitive decision making
Correct Answer:
Verified
Correct Answer:
Verified
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