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A manufacturer has paid an engineering firm $300,000 to design a new plant, and it will cost another $1.5 million to build the plant.
A manufacturer has paid an engineering firm $300,000 to design a new plant, and it will cost another $1.5 million to build the plant. In the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $1.6 million. What should the manufacturer do?