A student purchased a used car for $5,000. Three months later, the student discovers the car needs major repairs which will cost $2,000. The student must decide whether to repair the car or purchase another car. Which statement is correct?

The relevants cost are $2,000

Step-by-step explanation:

Based on the information given in a situation where the student have to decide whether to repair the car or purchase another car the correct statement is: THE RELEVANTS COST ARE $2,000 because the cost of repairs of the Amount of $2,000 represent the RELEVANT COST.

Therefore RELEVANT COSTS are costs or expense that can be incurred due to some certain decisions and on the other hand RELEVANT COSTS which is also known as AVOIDABLE COST can be seen as the cost or expense a person or an individual can do away with depending on other alternative such person choose to pick.

1 1/4 hours

step-by-step explanation:

2/4 + 2/4 + 1/4 = 5/4 or 1 1/4

answer:

it is general formula that is used to write value to its excet position

a11 a12 a13

a21 a22 a23

it is the example of order 2 by 3 matrix in this

a11 means value occur in 1 st row 1st column

a12 means value occurs in 1st row 2nd column

a13 means value occur in 1st row and 3rd column

a21 means value occurs in 2nd row and 1st column

a22 means value occurs in 2nd row and in 2nd column

a23 means value occurs in 2nd row and in 3rd column