aher135 aher135

27-03-2017
Mathematics

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jessica wants to buy a guitar. she has enough money in her bank accounts to pay cash for a new guitar for 1150 or a used guitar for 500. jessica wants to choose the guitar that has a better impact on her net worth. why is this not a good approach for making the decision?

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27-03-2017

Because there is no guarantee that the used one is going to provide the same utility as the new one.

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