John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $6,000 to make it roadworthy again. His wife, Sherry, suggested that he should buy a 5-year-old used Jeep Grand Cherokee instead for $6,000 cash. Sherry estimated the following costs for the two cars:
Trail Blazer Grand Cherokee
Acquisition cost $25,000 $6,000
Repairs $ 6,000 รข
Annual operating costs
(Gas, maintenance, insurance) $ 2,280 $2,100
Which one is RELEANT and IRRELEVANT for this decision? WHY??A. Acquisition cost of the Trail BlazerB. Acquisition cost of the Grand CherokeeC. Rpairs to the Trail BlazerD. Annual operating costs of the Grand Cherokee
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John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $6,000 to make it roadworthy...
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