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Economics:

10th Edition
BOYES + 1 other
Publisher: Cengage Learning
ISBN: 9781285859460

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Chapter
Section
BuyFindarrow_forward

Economics:

10th Edition
BOYES + 1 other
Publisher: Cengage Learning
ISBN: 9781285859460
Chapter 22, Problem 12E
Textbook Problem
15 views

Does the following statement make sense: “You made a real blunder. The $600 you paid for repairs is worth more than the car.”

To determine

To analyze:

The sensibility of the given statement.

Explanation of Solution

No, the statement doesnot make sense. If an individual need to pay more than the car's worth to repair it, the repairing cost hence spent is a waste...

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