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You own a consulting firm and are approached by a potential client with the following problem: Consider two firms—one that produces electricity, the other is a laundry/dry cleaning business. The two firms are located near each other, with the cleaning business located down wind of the power plant. The problem is that the smoke from the production of electricity at the power plant has an adverse effect on the cleaning business and their ability to get the clothes as clean as possible. Note that this is a hypothetical situation and not something you can Google to find the answer.

a) Identify and explain the issues involved in this situation.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91707702

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