Based on the selling price of the car and the cost to work on it, Savion should sell the car now for $3,800.
<h3>Why should Savion sell the car?</h3><h3 />
The profit if he works on the car is:
= Selling price - Addtional work cost
= 5,800 - 2,400
= $3,400
The profit from selling the car is $3,800 which is more than the profit if additional work is done of $3,400.
The $4,000 is irrelevant as it is a sunk cost.
Find out more on sunk costs at brainly.com/question/13695005.
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The kind of people who are in witness protection program are those whose lives are in danger because of the evidence they gave as witnesses in a court of law. The program was created in 1971 to protect those who are in danger of been killed as a result of been a witness in a court case.
<span>A decision to position the product on high-performance quality will mean that the seller must charge a higher price to cover higher costs.
When a company uses higher quality products to market their product as high-performance quality it means that the product will cost more to make and will sell for a higher price. The company has to cover all of their costs and one way to do that is to make sure their price point is set correctly.
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Answer:
we do this to maintain record of institution. this is effective practice
