Question: 2. What are some differences in the analysis for a replacement project versus that for a new expansion project? If you were analyzing a replacement

2. What are some differences in the analysis for a replacement project versus that for a new expansion project?

  1. If you were analyzing a replacement project and you suddenly learned that the old equipment could be sold for $1,000 rather than $100, would this new information make the replacement look better or worse?

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