(Solved):Cole is refinishing an antique china cabinet and has already spent $180 on the restoration. He…

 

Question

Cole is refinishing an antique china cabinet and has already spent $180 on the restoration. He expects to be able to sell the cabinet for $360. Cole discovers that he needs to do an additional $200 worth of work to make the cabinet worth $360 to potential buyers. He could also sell the cabinet now, without completing the additional work, for $100. What should Cole do?

a) He should sell the

Scroll to top