1. Briefly explain, what are sunk costs? 2 According to the video, what are two reasons...

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1. Briefly explain, what are sunk costs? 2 According to the video, what are two reasons that cause us to fall victim to sunk costs? 3. What does the video tell us is important to do with sunk costs? 4. Describe a time when you continued to do something, not necessarily because it was the best thing for you to do, but because of how much time, money, or effort you'd already invested. 1. Briefly explain, what are sunk costs? 2 According to the video, what are two reasons that cause us to fall victim to sunk costs? 3. What does the video tell us is important to do with sunk costs? 4. Describe a time when you continued to do something, not necessarily because it was the best thing for you to do, but because of how much time, money, or effort you'd already invested.

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Sunk costs refer to costs that have already been incurred and cannot be recovered or changed by any ... View the full answer