What circumstances should you buy the car

Reference no: EM131021228

Suppose you see a 2010 Volkswagen Jetta GLS Turbo Sedan advertised in the campus newspaper for $10,000. If you knew the car was reliable, you would be willing to pay $12,000 for it. If you knew the car was unreliable, you would be willing to pay $8,000 for it. Under what circumstances should you buy the car?

Reference no: EM131021228

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