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20 Relevant and sunk costs Don Baxter's 6-year-old Chevrolet Impala requires repairs estimated at $5,400 to make it roadworthy again. His friend Aaron Bloom suggested

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20 Relevant and sunk costs Don Baxter's 6-year-old Chevrolet Impala requires repairs estimated at $5,400 to make it roadworthy again. His friend Aaron Bloom suggested that he buy a 6-yearold Ford Escort instead for $5,400 cash. Aaron estimated the following costs for the two cars: Required (a) What costs are and are not relevant to this decision? Why? (b) What should Don do? Explain. (c) What quantitative and qualitative factors are relevant to his decision? Why

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