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AIBMAG, a country with an expanding demand for electricity services, is considering a major expansion of its rural electrical system. It is also expected that
AIBMAG, a country with an expanding demand for electricity services, is considering a major expansion of its rural electrical system. It is also expected that the cost of lines, transformers, and other capital equipment will increase over time. Explain what criterion should be used to decide if and when the
project should be undertaken.
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