Grace just got her first cell phone,an iPhone,for graduation.She tosses her iTouch in a drawer and never touches it again,even though she could easily sell it for $75 on Craigslist.Grace's choice is ___________ because ________________.
A) rational; she weighs the $200 she paid for the iTouch and the $75 she could sell it for now
B) irrational; she weighs the $200 she paid for the iTouch and the $75 she could sell it for now
C) rational; she would not pay $75 to buy the iTouch today
D) irrational; she would not pay $75 to buy the iTouch today
Correct Answer:
Verified
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