Suppose you see a 2006 Scion xB Sport Wagon advertised in the local newspaper for $8,500.If you knew the car was reliable, you would be willing to pay $10,000 for it.If you knew the car was unreliable, you would only be willing to pay $5,500 for it.Under what circumstances should you buy the car?

Question

Quizplus · Accepted Answer

The Answer of Suppose you see a 2006 Scion xB Sport Wagon advertised in the local newspaper for $8,500.If you knew the car was reliable, you would be willing to pay $10,000 for it.If you knew the car was unreliable, you would only be willing to pay $5,500 for it.Under what circumstances should you buy the car?

Suppose You See a 2006 Scion XB Sport Wagon Advertised