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Comment On Stan Logic. If He Receives An Offer For $3,000, Should He Accept It ? Explain.

Stan owns a 10 year old automobile (78,000 miles). The car value is $2,500.Unfortunately, the car has failed, and Stan decided to spend $1,500 to have it repaired. Now, six month later, Stan has decided to sell it, and he asking price should be $ 4,000.

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