Question: For the example covered in Notes pages 2 8 - 2 9 , suppose we keep everything else the same but change the initial cost
For the example covered in Notes pages suppose we keep everything else the same but change the initial cost of building from $ to $ and the extra cost of doubling the capacity from $ to $ If in year one we are in the down state, we will NOT choose to double the capacity. In the up state of year one, however, we will choose to double the capacity.
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