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please help answer the following questions 1. Do you take the deal? 2. What principle(s) do you apply to make your decision? 3. What is
please help answer the following questions
A supplier in the country of Whiteland has current output of 10 Million units priced at $1.10 per unit. Factor prices rise and costs increase to $1,30 per unit. Uh-oh... now not earning profit and producing for a $20 Million loss. The availability of competitor substitutes convince the supplier a price increase is out of the question. A purchasing agent from the country of Knightland makes a timely appearance and offers to purchase for import an additional 10 Million units priced at $0.80 per unit. For 3 pts: do you take the deal? For 4 pts: what principle/s do you apply to make your decision? For 3 pts: what is the size of the opportunity, if-any 1. Do you take the deal?
2. What principle(s) do you apply to make your decision?
3. What is the size of the opportunity, if any?
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