Question: You spent $ 5 0 0 last week fixing the transmission in your car. Now, the brakes are acting up and you are trying to

You spent $

500

last week fixing the transmission in your car. Now, the brakes are acting up and you are trying to decide whether to fix them or trade the car in for a newer model. In analyzing the brake situation, the $

500

you spent fixing the transmission is a

(

)_____

cost

.

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