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Decision Making: Using Decision making learned in this chapter, pick one of the following items below for repair or purchase and determine what would be

Decision Making:

Using Decision making learned in this chapter, pick one of the following items below for repair or purchase and determine what would be the relevant and non relevant costs. Use the internet to research prices and other information.

Your refrigerator needs repairs of $500 and is 6 years old. Or you can purchase a new refrigerator. Research costs and saving in electricity to determine which option you should choose. What other non financial factors would be considered?

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