Some baseball fans leave the game in the seventh or eighth inning to avoid the postgame traffic.These fans are:
A)not considering that they have already paid for their tickets.
B)making a marginal decision by comparing the cost of leaving early to the benefit of leaving early.
C)thinking only about the benefits of avoiding traffic.
D)underestimating the value of staying for the rest of the game.

Question

Quizplus · Accepted Answer

These fans are making a marginal decision by comparing the cost of leaving early (missing the end of the game) to the benefit of leaving early (avoiding traffic). This involves evaluating the additional costs and benefits of their decision at the margin, rather than considering sunk costs (like the price of the ticket) or only focusing on the benefits.

Some Baseball Fans Leave the Game in the Seventh or Eighth