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2. you own an old car that you don't need. you have 3 option. option A: sell the car as-is for $500. Option B: overhaul

2. you own an old car that you don't need. you have 3 option. option A: sell the car as-is for $500. Option B: overhaul car at a cost of 2,300 and then sell it for 3000. option C: donate the care to charity for a tax refund worth 600. what is the opportunity cost for option c?

a)100

b)500

c)600

d)700

e)1,200

. in choosing the best decision option. do we

a) maximize sales revenue

b)maximize profit

c) maximize opportunity costs and minimize opportunity revenue

d)minimize costs

e)all of the above

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