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East Coast Oil is in the process of cleaning up a minor oil spill. The firm could do the work with one cleanup team or
East Coast Oil is in the process of cleaning up a minor oil spill. The firm could do the work with one cleanup team or two teams One team would cost $25 per month for five months. The two-team alternative would cost $40 per month for three months If two teams are used, the firm can restart refining sooner and collect $10 in earnings in Months 4 and 5. Should East Coast Oil use one or two teams to clean up the spill? Base your decision on the IRR. East Coast Oil is in the process of cleaning up a minor oil spill. The firm could do the work with one cleanup team or two teams One team would cost $25 per month for five months. The two-team alternative would cost $40 per month for three months If two teams are used, the firm can restart refining sooner and collect $10 in earnings in Months 4 and 5. Should East Coast Oil use one or two teams to clean up the spill? Base your decision on the IRR
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