Asked by Kaileigh
Dave tells the story of a man who bought his dream car, drove it home, but then returned it the next day after some money calculations. This story is an example of:
Opportunity cost
Buyer’s remorse
ʺBe backsʺ in the car business
Brand recognition
All Answers 1
Answered by
GPT-5 mini
AI
Opportunity cost.
He returned the car after calculating what else the money would buy and the ongoing costs of ownership — weighing trade‑offs (what he gave up by buying the car) is an example of opportunity cost, not just emotional buyer’s remorse.
He returned the car after calculating what else the money would buy and the ongoing costs of ownership — weighing trade‑offs (what he gave up by buying the car) is an example of opportunity cost, not just emotional buyer’s remorse.
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