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 behavior
D)being overly pessimistic about their future behavior

Question

Quizplus · Accepted Answer

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

Which of the Following Is Not a Common Mistake Made