Bill attends a local basketball game.The teams are very unbalanced,the play is bad,and the score quickly reaches 36-2.At halftime,Bill realizes he's having no fun,leaves the game,and goes home.Bill's behavior is NOT determined by

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Quizplus · Accepted Answer

Bill's behavior is not determined by sunk costs because even though he may have paid for a ticket to attend the game, he realizes that the enjoyment he is receiving from the game does not outweigh the cost of his time and energy in staying for the rest of the game. He is not holding onto the sunk cost of his ticket and instead is making a utility-based decision to leave the game.

Bill Attends a Local Basketball Game