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3 - 1 7 Kenneth Brown is the principal owner of Brown Oil, Inc. At the present time, Ken is forced to consider purchasing some
Kenneth Brown is the principal owner of Brown Oil, Inc. At the present time, Ken is forced to consider purchasing some more equipment for Brown Oil because of competition. Ken's alternatives are shown in the following table:
tableEQUIPMENTFAVORABLE MARKET $UNFAVORABLE MARKET $Sub
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