Question jean has decided it is time to buy a new battery, Ask an Expert

Economics

Question: Jean has decided it is time to buy a new battery for her car. Her choices are:

Zappo Kicko

First cost $56 $90

Guarantee period, in months 12 24

Jean believes the batteries can be expected to last only for the guarantee period. She does not want to invest extra money in a battery unless she can expect a 50% rate of return. If she plans to keep her present car another 2 years, which battery should she buy?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92634839

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