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In: Economics

(2 marks) I’m in the market for a used car. Should I choose a conventional gasoline-powered...

I’m in the market for a used car. Should I choose a conventional gasoline-powered car, a hybrid vehicle, or the 100% electric Tesla? There are three main criteria: cost, reliability, and sustainability. On a 10-point scale, the weight of reliability is 2 for me and sustainability two times more than reliability.I know the Tesla will cost the most upfront, at $50,000. Next will be the hybrid, at $20,000. The conventional gasoline car costs least, at $10,000. (Scores: 2, 5, and 10, respectively). The gasoline car is proven technology and hybrids are close behind, and then the Tesla. (Score it 10, 8, and 6, respectively).The Tesla is believed to have the least environmental impact, and scores the highest on the sustainability criterium. Next is the hybrid, followed by the conventional gasoline vehicle. (Score them 3, 2, and 1, respectively).Applying a multiple attribute evaluation, which car should I choose?

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