Estimate the cost of expanding a planned new clinic by 14.2,000 ft². The appropriate capacity exponent is 0.62, and the budget estimate for 185,000 ft² was $12.4 million. (keep 3 decimals in your answer) Answer: CM

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter4: Extent (how Much) Decisions
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Estimate the cost of expanding a planned new clinic by 14.2,000 ft². The
appropriate capacity exponent is 0.62, and the budget estimate for 185,000 ft²
was $12.4 million. (keep 3 decimals in your answer)
Answer:
CM
Transcribed Image Text:Estimate the cost of expanding a planned new clinic by 14.2,000 ft². The appropriate capacity exponent is 0.62, and the budget estimate for 185,000 ft² was $12.4 million. (keep 3 decimals in your answer) Answer: CM
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