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MArishka [77]
4 years ago
13

Maeve wants to change her college major but has decided not to because she is close to finishing. She believes that the time she

has spent in her current program will be wasted if she changes now. Maeve is experiencing:_______.
Social Studies
1 answer:
GarryVolchara [31]4 years ago
8 0

Answer:

Maeve is experiencing:<u> the sunk-cost fallacy</u>.

Explanation:

The sunk cost fallacy refers to a economic analysis that is explained by the the investment of resurces such as economic, time, effort and compared to what they could lose. According to this analysis people make decisions. In this case Maeve didn't change her college because she had this line of thoughts. She thought she would be losing all the time, money and effort by changing college.

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