Les just bought a jug of ginger beer.As he drinks from the jug,he eventually becomes full.One of his friends comments,"If you don't stop drinking that stuff,you will get sick".Les replies,"Hey,I bought it and I am not going to waste one drop of it".Les' behaviour could best be described by which of the following mental biases?
A) Loss aversion
B) Hyperopia
C) Risk positioning
D) The sunk-cost fallacy
Correct Answer:
Verified
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