Question: Central Electronics Corp. produces semiconductors and has a learning curve of .7. The price per bit is 100 milli cents when the volume is .7

Central Electronics Corp. produces semiconductors and has a learning curve of .7. The price per bit is 100 milli cents when the volume is .7 x 1012 bits. What is the expected price at 1.4 x 1012 bits? What is the expected price at 89.6 x 1012 bits?

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