Eric has plans to go to a play and already has a $50 nonrefundable, nonexchangeable, and nontransferable ticket. Now Ginny, whom Eric has wanted to date for a long time, asks him to a concert. Eric would prefer to go to the concert with Ginny and forgo the play, but he doesn't want to waste the $50 he spent on the play ticket.

From the perspective of an economist, if Eric decides to go to the concert with Ginny, what has he just done?

a. Made a choice that was not optimal

b. Correctly ignored a sunk cost

c. Incorrectly allowed a sunk cost to influence his decision

If tracking employees through technology is not illegal, why should megan be concerned if she is not involved in any misconduct?

Luis and rosa, citizens of costa rica, moved to the united states in year 1 where they both lived and worked. in year 3, they provided the total support for their four young children (all under the age of 10). two children lived with luis and rosa in the u. s., one child lived with his aunt in mexico, and one child lived with her grandmother in costa rica. none of the children earned any income. all of the children were citizens of costa rica. the child in mexico was a resident of mexico, and the child in costa rica was a resident of costa rica. how many total exemptions (personal exemptions plus exemptions for dependents) may luis and rosa claim on their year 3 joint income tax return? a. 6 b. 5 c. 4 d. 2

Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting