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Masja [62]
3 years ago
8

Mason is restoring a car and has already spent $3500 on the restoration. He could sell the car now for $2800. However, if Mason

does an additional $2000 of work, the car would be worth $5000 to potential buyers. What should Mason do?
Business
1 answer:
frez [133]3 years ago
7 0

Answer:

mason complete the additional work $5000 after that he sell and get profit $200

Explanation:

given data

spent on restoration = $3500

sell car = $2800

additional work = $2000

car price = $5000

to find out

What should Mason do

solution

we say here after spending $3500 selling cost is $2800 so

loss will be 3500 - 2800 = $700

so if additional work is $2000

total present value will be = ( $2800 + $2000 )

total present value = $4800

so now if he sell car at $5000

he get profit = ( $5000 - $4800 )

profit = $200

so mason complete the additional work $5000 after that he sell and get profit $200

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A , C, D

Explanation:

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Answer:

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7 0
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Answer:

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5 0
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