Multiple Choice
John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $10,000 to make it road worthy again.His wife,Sherry,suggested that he should buy a 5-year-old used Jeep Grand Cherokee instead for $10,000 cash.Sherry estimated the following costs for the two cars:
The cost NOT relevant for this decision is the ________.
A) acquisition cost of the Trail Blazer
B) acquisition cost of the Grand Cherokee
C) repairs to the Trail Blazer
D) annual operating costs of the Grand Cherokee
Correct Answer:
Verified
Correct Answer:
Verified
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