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A group of medical professionals is considering the construction of a private clinic. If the medical demand is high (i.e., there is a favorable market

A group of medical professionals is considering the construction of a private clinic. If the medical demand is high (i.e., there is a favorable market for the clinic), the physicians could realize a net profit of $100,000. If the market is not favorable, they could lose $40,000. Of course, they don

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