In January, in an attempt to commit to getting fit, I signed a year-long, binding contract at a local gym, agreeing to pay $40 per month in membership fees. I also spent $300 on extremely stylish gym clothes. This morning, I was trying to decide whether or not to actually go to the gym. Which of the following was relevant to this decision?
a. The fact that I also had to write a 103 midterm exam today.
b. The $40 that I paid the gym this month.
c. The $300 I spent on gym clothes.
d. All of the above were relevant.
Answer: a. The fact that I also had to write a 103 midterm exam today.
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