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Case 1: A business that produces small appliances, such as blenders, toasters, etc. is considering expanding its blender line. It might require additional space, labor,
Case 1: A business that produces small appliances, such as blenders, toasters, etc. is considering expanding its blender line. It might require additional space, labor, and management time devoted to planning, and executing the expansion. How would your analysis change if you operated this business in a country that had a command-and-control type of economy, vs if you owned it in the U.S.?
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