Carl Recently Bought a Used Car-And It's a Lemon

Multiple Choice

Carl recently bought a used car-and it's a lemon.He has spent thousands of dollars on repairing the car,and this week,the mechanic told him it needs a new radiator.Carl thinks about how much money he has put into the car and thinks that,because he has invested so much money in repairs,he'd be better off just making the repair as opposed to spending money to buy a new car.Carl is a victim of

A) overconfidence.
B) the sunk-cost fallacy.
C) opportunity costs.
D) hindsight bias.