A. Most of us know what it’s like to stay in a job after it’s stopped being satisfying, or to take on a project that’s too big and be reluctant to admit it. CEOs have been known to allocate manpower and money to projects long after it becomes clear that they are failing. The costs to a person who does not know when to quit can be enormous. In economics it’s known as sunk cost fallacy. While we recognize the fallacy almost immediately in others, it’s harder to see in ourselves. Why
B. In one of their studies, they put participants into either a promotion or prevention focus. Next, each participant was told to imagine that he or she was CEO of an aviation company that had committed $10 million to developing a plane that can’t be detected by radar. With the project near completion and $9 million already spent, a rival company announces the availability of their own radar-blank plane which is both superior in performance and lower in cost.
A. Most of us know what it’s like to stay in a job after it’s stopped being satisfying, or to take on a project that’s too big and be reluctant to admit it. CEOs have been known to allocate manpower and money to projects long after it becomes clear that they are failing. The costs to a person who does not know when to quit can be enormous. In economics it’s known as sunk cost fallacy. While we recognize the fallacy almost immediately in others, it’s harder to see in ourselves. Why
B. In one of their studies, they put participants into either a promotion or prevention focus. Next, each participant was told to imagine that he or she was CEO of an aviation company that had committed $10 million to developing a plane that can’t be detected by radar. With the project near completion and $9 million already spent, a rival company announces the availability of their own radar-blank plane which is both superior in performance and lower in cost.
[听力原文]11-15
Do you know what the most popular hobby is in America No matter where you go in the U. S., you will find one or more very good golf courses. Both men and women, young and old take part in this sport. Therefore, you’ll be tempted to believe that golf is the most popular hobby. However, it isn’t.
If you’ve ever been to a football game in America, you’d be surprised to see that the number of audience can be up to twenty thousand. This is certainly a large number for one event. But football is not the most popular hobby, either.
Surprisingly, the largest hobby group is made up of lovers of gardening. Some grow flowers and others grow vegetables. Everybody seems to enjoy making a lively environment with ever-green grass and beautiful flowers. Yes, home gardening offers the purest pleasure from nature. It is indeed the most popular hobby in America.
How big is the number of spectators for a football game
It coul
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