How much would your final decision hinge on what you, Econometrics

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How much would your final decision hinge on what you

Suppose that you were in business and intended to build a plant to turn out a promising new item-say, a pencil that would last twice as long as the kinds available now. What sorts of developments might discourage you from making this investment? How much would your final decision hinge on what you anticipated for the future, compared with what you knew to be the situation today?

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