Multiple Choice
The story in the text about playing tennis outside even though you paid for an inside court illustrates which of the following?
A) Psychologically, people often do not treat sunk cost as irrelevant to a decision.
B) Rational choice analysis is what comes naturally to most people.
C) People will make efficient decisions without knowing what they are doing.
D) All of these are implied by the tennis court story.
Correct Answer:

Verified
Correct Answer:
Verified
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