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Question: 4 question 20 of 60 deshawn has spent 600 purchasing...

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4 Question 20 of 60 DeShawn has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $900 once the repairs are complete. DeShawn discovers that, in addition to the $600 he has already spent, he needs to make an additional repair, which o will cost another $400, in order to make the boat worth $900 to potential buyers. He can sell the boat as it is now for $400. o What should he do? o O a. It does not matter which action he takes; the outcome is the same either way. O O b. He should sell the boat as it is now for $400. Oc.He should complete the repairs and sell the boat for $900. O d. He should keep the boat since it would not be rational to spend $1,000 on repairs and then sell the boat for $900 2
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