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Business, 05.08.2019 16:10 KariSupreme

Suppose you value a special watch at $100. you purchase it for $75. on your way home from class one day, you lose the watch. the store is still selling the same watch, but the price has risen to $85. assume that losing the watch has not altered how you value it. what should you do?
a) wait to see if the watch goes on sale. if the price drops to $25 or less, buy the watch.
b) pay the $85 to buy the watch.
c) wait to see if the watch goes on sale. if the price drops to $75 or less, buy the watch.
d) do not buy the watch.

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