Question: Background: When pricing an item such as an auto for sale, first an individual may consider how much has been invested in the vehicle. 1.

Background: When pricing an item such as an auto for sale, first an individual may consider how much has been invested in the vehicle.

1. Discuss the relationship, or lack of relationship in pricing for the amount invested in the auto and the current market value of the auto?

Please include references/sources if used and where. Thank you

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