Question: Answer it with full solutions and explain it briefly thanks! 4. You own a car that is a few years old, and you have just

Answer it with full solutions and explain it briefly thanks! 4.

Answer it with full solutions and explain it briefly thanks!

4. You own a car that is a few years old, and you have just replaced the brake pads at a cost of P2,500. But then you find out that the entire brake system is defective and also must be replaced. This will cost you an additional P 15,000. Alternatively, you could sell the car and buy another of comparable quality, but with no brake defects, by spending an additional P 16,000. What should you do: fix your old car, or sell it and buy another? Why

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