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Suppose a firm earns revenue R. and faces a new cost C to compl are forced to pay a fine F I comply. there is
Suppose a firm earns revenue R. and faces a new cost C to compl are forced to pay a fine F I comply. there is a probability Q that they \\What is the firm's expected net income (including any costs) if they comply with the law? What is the firm's expected net income (including any costs) if they do NOT comply with the law
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