Which of the following is not a common mistake made by consumers?
A) the failure to take into account the implicit costs of an activity
B) the failure to ignore sunk costs
C) being overly optimistic about their future behaviour
D) being overly pessimistic about their future behaviour

Question

Quizplus · Accepted Answer

Being overly pessimistic about future behavior is not typically listed as a common consumer mistake, whereas the other options are recognized as common errors in decision-making.

Which of the Following Is Not a Common Mistake Made