Sunk cost

1. What was your score and how did it compare to the average respondent? 7 How Susceptible Are You to Sunk Costs? There are lots of ways that sunk costs can make their way into our decision making. Let's take a look at how you would respond to some of them. You might already answer these questions 2. Do you find it difficult to ignore sunk costs when making decisions? Why differently because of or why not? what you've learned, but take this survey to find out how susceptible you are to some scenarios involving sunk costs. Then, answer the questions. 3. Choose one of the following scenarios and describe a situation in which someone would need to make a decision involving sunk costs: a. Planning a birthday party b. Purchasing a vehicle c. Eating an expensive meal at a restaurant Scenario I chose: Description: Focus