Business, 31.07.2019 00:30 hollycoleman13

Sarah is tired of driving the old used car she purchased 2 years ago for $18,000. she estimates it is worth about $8000 now. a car salesman gave her this deal: "look, i'll give you $10,000 in trade for this year's model. this is $2000 more than you expect, and it is $3000 more than the current official kelly blue book value for your car. our sales price for your new car is only $28,000, which is $6000 less than the manufacturer's sticker price of $34,000. considering the extra $3000 on the trade-in and the $6000 reduction from the sticker price, you are paying $9000 less for the new car. so, let's trade now, okay? " if sarah were to perform a replacement analysis at this moment, what is the correct first cost for (a) the defender and (b) the challenger?

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Sarah is tired of driving the old used car she purchased 2 years ago for $18,000. she estimates it i...

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