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Unformatted text preview: Federal Affairs and so on c. As the president of a company, it is a tough decision to decide to open a new factory or not. To make this choice, the tradeoffs need to be accounted for. If the new company is opened, there would be a long delay until the profit from the new company hits the break-even point to cover the expenses of building the new company. The tradeoff would then be more about making money in the short run rather than opening a new company which would create profits in the long run. . d. When a professor decides how much to prepare before a class, he or she faces a tradeoff. The professor would give up leisure time to prepare for the class. Leisure time could include anything from taking a nap, or playing a round of golfeither way the professor faces a trade-off when deciding how to manage his or her time....
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- Spring '08