Say your girlfriend has received two free tickets to the Sunday movie matinee and she wants you to go with her.Nevertheless, the movie plays at the same time you were planning to watch the football game on the TV.As a rational person you should decide to go the movie:

Question

Quizplus · Accepted Answer

As a rational person, you should weigh the pleasure you would gain from watching the football game against the pleasure you would gain from going to the movie. If the pleasure you would gain from the movie outweighs the pleasure you would gain from the football game, then it makes sense to go to the movie. The fact that the tickets were free is not the determining factor, as it is only a sunk cost. Therefore, the best choice is to go to the movie if the pleasure you would gain from it outweighs the pleasure you would gain from watching the football game.

Say Your Girlfriend Has Received Two Free Tickets to the Sunday