Sharie runs a hair salon and is thinking of buying a new sound system for her employees and customers to enjoy. The new audio system will cost $5,000. Sharie will purchase it with cash that would otherwise sit in a savings account where it would earn $100 in interest. If the system does not work out for Sharie, she thinks she can sell it again for $3,000. The economic cost of the system is:
Answers:
A) $100
B) $2000
C) $2100
D) $5000
E) $5100
Answers: 2
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Sharie runs a hair salon and is thinking of buying a new sound system for her employees and customer...
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