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Micro-Data Systems is trying to decide whether or not to produce and sell a new product it developed. The product engineer argued that it would

Micro-Data Systems is trying to decide whether or not to produce and sell a new product it developed. The product engineer argued that "it would be a waste of the $5 million used in development to not produce and sell the product." Do you agree or disagree with the above statement? Briefly explain your reasoning. (3 Marks)

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