Mason is restoring a car and has already spent $3500 on the restoration. he could sell the car now for $2800. however, if mason does an additional $2000 of work, the car would be worth $5000 to potential buyers. what should mason do?

mason complete the additional work $5000 after that he sell and get profit $200

Explanation:

given data

spent on restoration = $3500

sell car = $2800

additional work = $2000

car price = $5000

to find out

What should Mason do

solution

we say here after spending $3500 selling cost is $2800 so

loss will be 3500 - 2800 = $700

so if additional work is $2000

total present value will be = ( $2800 + $2000 )

total present value = $4800

so now if he sell car at $5000

he get profit = ( $5000 - $4800 )

profit = $200

so mason complete the additional work $5000 after that he sell and get profit $200

answer; /// i believe its (bas design);

answer; hazards;