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Due to a pre-existing contract, Canyon Buff Enterprise (a hypothetical company, ticker: CBF) has the opportunity to acquire 3060 pounds of scrap copper and 2355
Due to a pre-existing contract, Canyon Buff Enterprise (a hypothetical company, ticker: CBF) has the opportunity to acquire 3060 pounds of scrap copper and 2355 pounds of scrap iron for $5425. If the current market price for scrap copper is $1.88 per pound and the current market price for scrap iron is $0.04 per pound, then the added benefit (that is benefit minus cost) to CBF if it acquires the metal (copper and iron) is
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