Multiple Choice
Luigi drives two hours to a store to buy a Mikata circular saw. Unfortunately, the store sold its last Mikata saw just before Luigi arrived. Luigi decides to buy a lesser-quality saw so that his two-hour trip was not a waste of time. Luigi is committing the:
A) sunk cost fallacy.
B) marginal comparison fallacy.
C) ceteris paribus fallacy.
D) harmonization conundrum.
Correct Answer:
Verified
Correct Answer:
Verified
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