Multiple Choice
Ira invested in a stock six years ago.Since then,the value of her stock has reduced drastically.Ira is hesitant to pull out her money from the stock because she feels that she has already invested a lot of time and money into it.She feels that it is too late to make any decisions about her investment.Ira's belief best explains
A) the Flynn effect.
B) the sunk cost fallacy.
C) functional fixedness.
D) benefit finding.
Correct Answer:
Verified
Correct Answer:
Verified
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