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John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $6000 to make it roadworthy again. His wife, Sherry, suggested that he should buy a 5-year-old
John's 8-year-old Chevrolet Trail Blazer requires repairs estimated at $6000 to make it roadworthy again. His wife, Sherry, suggested that he should buy a 5-year-old used Jeep Grand Cherokee instead for $6000 cash. Sherry estimated the following costs for the two cars:
The cost NOT relevant for this decision is the ________.
The cost NOT relevant for this decision is the ________.
repairs to the Trail Blazer | ||
acquisition cost of the Trail Blazer | ||
acquisition cost of the Grand Cherokee | ||
annual operating costs of the Grand Cherokee |
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