groweisa
groweisa
24.04.2020 • 
Business

9. Sunk costs and decision making Bette has plans to go to a movie and already has a $10 nonrefundable, nonexchangeable, and nontransferable ticket. Now Manuel, whom Bette has wanted to date for a long time, asks her to a party. Bette would prefer to go to the party with Manuel and forgo the movie, but she doesn't want to waste the $10 she spent on the movie ticket. From the perspective of an economist, if Bette decides to go to the party with Manuel, what has she just done

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