Are You Making the Right Decision? The Economics of Opportunity and Sunk Costs
A couple of weeks ago, I posted my first LinkedIn poll: “You spend $1,000 on a concert ticket. The day before the event, you notice that the resale value of your ticket is $10,000. Which answer is true”: You spent $0 if you attend You spent $1,000 ...
Feb 17, 20255 min read160
