3. (1 points total, 70% content, 30% communication quality). Your company is debating whether to enter the market for a new product. Your company estimates that, by the end of next year, the company that originally introduced the product (the market leader) will have produced 18,000 units on a 90% learning curve, and price of their last (18,000th) unit is estimated to be $575. Your company estimates that it will cost you $6,250 to produce the first unit of the product; however, with new technology you have developed, your company believes it can achieve an 85% learning curve. a. How many units must your company produce and sell next year in order to achieve a $575 cost for the final unit produced next year? b. What assumptions did you make to calculate this value? c. Do you believe your company should enter this market? Why or why not