10. Comparing Automobile Purchases. Based on financial and opportunity costs, which of the following do you believe...
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10. Comparing Automobile Purchases. Based on financial and opportunity costs, which of the following do you believe would be the wiser purchase? (Obj. 2)
Vehicle 1: A three-year-old car with 45,000 miles, costing $8,700, and requiring $585 of immediate repairs.
Vehicle 2: A five-year-old car with 62,000 miles, costing $6,500, and requiring $960 of immediate repairs.
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