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Suppose that the government of Aqualand is considering a new law that would improve drinking water quality. The cost of complying with the new regulation is $100 million. The benefits of improved drinking water are estimated to be $250 million, but these benefits will occur 25 years from now. At a discount rate of 5 percent, do you recommend that Aqualand institute this new regulation
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Suppose that the government of Aqualand is considering a new law that would improve drinking water q...
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