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Lisa Buys a 1982 BMW,which She Plans to Restore and Sell.She

Question 135

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Lisa buys a 1982 BMW,which she plans to restore and sell.She anticipates that the cost of the car and the repairs will be $11,000 and that she can sell it for $20,000.After she has spent $11,000,she discovers she needs to replace the engine,which will cost $5000.She can sell the car without the new engine for $14,000.What should Lisa do


A) She should complete the repairs for $5000 and sell the car for $20,000.
B) She should sell the car now for $14,000.
C) She should keep the car for her own use because selling it would be a loss.
D) She should be totally indifferent between finishing the project and selling the car now.

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