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Question: A 2000-gallon metal tank to store hazardous materials was bought 15 years ago at cost of $100,000. What will a 5,000-gallon tank cost today if the power-sizing exponent is 0.57 and the construction cost index for such facilities has increased from 180 to 600 over the last 15 years? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Microeconomics, Economics

  • Category:- Microeconomics
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