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Business, 13.08.2021 23:10 AviMali

James and Lauren are trying to decide if they should go on vacation or cancel the trip. James argues that they cannot afford to cancel the trip since they paid for part of the trip with a nonrefundable deposit. Lauren argues that they should cancel the trip because the additional cost of the trip outweighs the additional benefit of the trip and the nonrefundable deposit should not factor into the decision-making process. Who is corred? Explain.

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James and Lauren are trying to decide if they should go on vacation or cancel the trip. James argues...

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