When shopping for a ticket to see One Direction, her favorite band, in concert, Annie mistakenly purchased a non-refundable ticket to the off-off-off Broadway play "One Dissection," which she has no interest in seeing. Because the ticket cost her $100, Annie decides to think about it:

A. rationally and sits through the play she has the ticket for, which is as awful as she thought it might be.
B. irrationally and skips the play and spends another $100 on the concert ticket.
C. rationally and skips the play and spends another $100 on the concert ticket.
D. None of these is a possible outcome.


Answer: C

Economics

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