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Use your answer to #2, to create the 'status quo'. Swenson Oil Company approaches Abbott Company with the following offer 'IF you pay us $3,000,
Use your answer to #2, to create the 'status quo'. Swenson Oil Company approaches Abbott Company with the following offer 'IF you pay us $3,000, our oil will allow your company to reduce the machine hours per nylon suit to 1 machine/nylon suit and 2 machine hours per cotton suit!'.Do you take the offer?Why or why not? SHOW YOUR WORK.
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