Sunk cost

Paragraph Styles Voice 6 What Are Sunk Costs? 1. Briefly explain, what are sunk costs? The previous activity is an example that shows sometimes it's hard for us to quit, especially when we've put a lot of time, money, or effort into something. Watch the video to learn 2. According to the video, what are two reasons that cause us to fall victim more about sunk costs and to sunk costs? how they affect our decision making. Then, answer the questions. 3. What does the video tell us is important to do with sunk costs? 4. Describe a time when you continued to do something, not necessarily because it was the best thing for you to do, but because of how much time, money, or effort you'd already invested. ity: Investigate Focus 0 W