Question: When we escalate commitment we fail to consider that whatever time, effort, or money we have already expended will not be recovered, and therefore we

When we escalate commitment we fail to consider that whatever time, effort, or money we have already expended will not be recovered, and therefore we end up making decisions based on past costs instead of present and future costs and benefits.

True

False

When we escalate commitment we fail to consider that whatever time,

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