Question: Please Explain Fully. Question 3 (1 point) Saving... A new 2000 ft2 clean manufacturing area is being planned. A similar 1600 ft2 area was recently

Please Explain Fully. Question 3 (1 point)Please Explain Fully.

Question 3 (1 point) Saving... A new 2000 ft2 clean manufacturing area is being planned. A similar 1600 ft2 area was recently completed for $8 million. What is the expected cost of the new manufacturing area? Use a cost index of 1.0 O $8.0 M $10.0 M $1.13 M. O $0.8 M

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