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Question: The capital investment cost for a switchgrass-fueled ethanol plant with a capacity of 250,000 gallons per year is $3 million. The costcapacity factor for this particular plant technology is 0.59 for capacities ranging from 200,000 gallons per year to 500,000 gallons per year. What is the estimated capital investment for a similar ethanol plant with a capacity of 500,000 gallons per year?

Microeconomics, Economics

  • Category:- Microeconomics
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