Multiple Choice
You go to see a movie that you believe would turn out to be amazing.The ticket costs you $20.Once in the theatre you realize that the movie is awful.If you leave now,you can still catch your favorite TV show.What should you do?
A) Stay and watch the movie since you paid $20 for it
B) The ticket price is now a sunk cost,you can ignore it and go home
C) Stay and watch the movie since the opportunity cost of the movie is zero
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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