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Topic 773 - The following appeared in a memo from the chief operating officer of the Presto Manufacturing Company. "Since orders for our major product increased by over 200 percent last quarter, we should promptly expand production by building a new manufacturing plant in Summit City. Summit City is the ideal location for the new plant because it has low property taxes, extensive blocks of land available for immediate purchase, and a large number of residents who are not currently employed. " Discuss how well reasoned you find this argument.

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