You continue playing a boring video game because it was expensive and you don't want to waste the money. This action is an example of what?

a. Framing effect
b. Functional fixedness
c. Sunk cost effect
d. Availability heuristic

c

Psychology

You might also like to view...

Which of the following is one of the two types of statistics that researchers use to analyze the data that they collect?

A) Predictive statistics B) Conscriptive statistics C) Descriptive statistics D) Computational statistics

Psychology

Social psychologists use the terms compliance and conformity interchangeably

Indicate whether this statement is true or false.

Psychology