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Please do the best: 1)MM Inc. has the opportunity to trade 8,000 pounds of plastic pellets made from recycled soda bottles for 5,000 pounds of
Please do the best:
1)MM Inc. has the opportunity to trade 8,000 pounds of plastic pellets made from recycled soda bottles for 5,000 pounds of aluminum cans. If the current market price of scrap aluminum is $0.83 per pound and the current market price for plastic pellets is $0.57 per pound, then the added benefit (cost) of making this trade is:
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