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Assume that you are the vice president of movie production for a major Hollywood studio

Writing

Assume that you are the vice president of movie production for a major Hollywood studio. You need to compose a memo to your film's finance team justifying the hiring of scientists and mathematicians to act as consultants on your film. Use your answers from question 1 to write a brief summary of the memo. Ensure that you use the concepts of scarcity, opportunity cost, trade-off, monetary incentive, marginal benefit, and marginal cost appropriately.

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