【单选题】Directions: There are 10 incomplete statements here. You are required to complete each statement by choosing the appropriate answer from the 4 choices marked A) , B) , C) and D) . You should mark t...
【单选题】Mark is refinishing an antique china cabinet and has already spent $180 on the restoration. Mark discovers that he needs to do an additional $200 of work to make the cabinet worth $360 to potential bu...
A.
He should sell the cabinet now for $100.
B.
He should complete the additional work and sell the cabinet for $360.
C.
He should keep the cabinet since it wouldn’t be rational to spend $380 restoring a cabinet and then sell it for only $360.
D.
It does not matter which action he takes since the outcome will be the same either way.