Solved

​You Go to See a Movie That You Believe Would

Question 48

Multiple Choice

​You go to see a movie that you believe would turn out to be amazing.The ticket costs you $20.Once in the theatre you realize that the movie is awful.If you leave now,you can still catch your favorite TV show.What should you do?


A) ​Stay and watch the movie since you paid $20 for it
B) The ticket price is now a sunk cost,you can ignore it and go home
C) Stay and watch the movie since the opportunity cost of the movie is zero
D) ​None of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents