Robinson pays $100 for tickets to see his favorite sports team play. With 10 minutes left in the game, his team is losing heavily and has no chance of winning the game. Robinson chooses to stay until the end of the game because he wants to get the full value for his admission price. As an economist, you should advise Robinson to

A. leave the game if his marginal benefit of leaving is greater than marginal cost, as the admission price is a sunk cost.
B. leave the game now as the line to exit the stadium is shorter now.
C. stay until the end of the game as he might be heckled on the way out.
D. stay until the end of the game as his intuition is correct.


Answer: A

Economics

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