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Holmes Company has already spent $ 5 2 , 0 0 0 to harvest peanuts. Those peanuts can be sold as is for $ 7
Holmes Company has already spent $ to harvest peanuts. Those peanuts can be sold as is for $ Alternatively, Holmes
can process further into peanut butter at an additional cost of $ If Holmes processes further, the peanut butter can be sold for
$
a Prepare a sell as is or process further analysis of income effects.
b Should Holmes sell as is or process further?
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