Question: Will has just started a small company making special cakes for retirement parties. He just received a large order of five cakes from a local

Will has just started a small company making special cakes for retirement parties. He just received a large order of five cakes from a local business. Will expects substantial productivity improvements in his work as he moves from the first cake in this order to the fifth cake. His current cost of making a cake is c(1) = 40 and he expects a learning rate of LR = 0.85. What will be his cost for all five cakes combined?

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