Question

Guilia says “I know I shouldn't eat this piece of cake, but I am going to eat it anyway.” Guilia's behavior is an example of being influenced by:

Answer 1

THe answer is --- THe sunk cost fallacy.

because in economics, the sunk cost is the past cost that has been already been paid and cannot be recovered . and the sunk cost fallacy is that you make rational decisions based on the future value of any object or thing. etc. fallacy is the misconception that you take a rational decisions for your future but in fact the truth is your decisions are made by emotional investment you accumulate , the more you invest the harder it become to abandon it.

for eg, you go to restaurant to eat food, but you order too much , then you will eat as all because to make your money worth it.