Function for automobile life span

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Reference no: EM13981652

You are in the market for a new car. An important characteristic is the lifespan of the car. (Define lifespan as the number of miles driven until the car breaks down, requiring such extensive repairs that it would be cheaper to buy an equivalent depreciated machine.) Assess your utility function for automobile life span over the range from 40,000 to 200,000 miles.

Reference no: EM13981652

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