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8 October, 08:51

When a business must decide between completing a project that is over budget and past due versus starting over, they are evaluating what?

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  1. 8 October, 09:03
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    Answer: Sunk cost effect.

    Explanation:

    The business would consider the sunk cost in the already existing project. The sunk cost effect explains that individuals would have a stronger desire to complete a project that so much resources has entered into, than starting over.
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