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Say one morning you are considering whether to take UBER or riding the train to work. Both mediums would cost you about $4, but you have already paid in advance for the train (since you pay a flat fee at the beginning of the month). If the UBER would take slightly less time than the train ride, and you are mostly concerned with the time it takes you to get to work, you should:________
a) take the train since you already paid for it
b) take the UBER
c) be indifferent between either modes of transportation
d) find another way to get to work

Respuesta :

Answer:

B

Explanation:

The flat fee paid for the train represents sunk cost. sunk cost is cost that is incurred and cannot be recovered. it should not be considered when making future decisions

You value getting to work early, the Uber is faster, so you should take the uber

Since you are mostly concerned with the time to get to work and less with the cost, you should still a). take the train since you already paid for it.

After all, the time-saving of the UBER ride is slightly less than the train ride, and you have already paid for the train ride.

Based on the tone of the underlying message, the time difference between the train ride and the UBER is not significant for you to lose $4.

Thus, you should only consider the UBER if the time difference is significant and your business at the office may be in jeopardy.

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