Exercise on Applying the Principles of Economics (Cost and Benefit): Solutions

Question: Assume you are selling your MaBook after spending $100 on hardware repair.
Just before lunching the ad, the hard drive gets corrupted. Now, you have a choice either pay $60 to fix it or sell the laptop as it is.
For each of the following scenarios, should you have the hard drive fixed? Explain your answer.
Cost of repairing hard drive is $60.

For more details, please contact me here.
Date of last modification: 2021