SOLUTION: Assume that a manufacturer can purchase a needed component from a supplier at a cost of $8 per unit, or it can invest $40,000 in equipment and produce the item at the cost of $5
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Question 1149090: Assume that a manufacturer can purchase a needed component from a supplier at a cost of $8 per unit, or it can invest $40,000 in equipment and produce the item at the cost of $5.50 per unit.