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You have tickets to go to Mexico (Cancun specifically) over spring break. Just this week your best friend informs you that s/he is getting married
You have tickets to go to Mexico (Cancun specifically) over spring break. Just this week your best friend informs you that s/he is getting married over spring break and would like you to be in the wedding as an attendant. Which of the following is a sunk cost that should not be relevant to your decision as to whether be in the wedding or go on the trip to Mexico?
- The cost of the airline tickets to Mexico
- The amount of refund you could get on the airline tickets to Mexico
- The cost of the clothing you will have to buy/rent to be in the wedding.
- The fact that you have never been anywhere for Spring Break and were really looking forward to going to Mexico
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