Question: 4.A process has an initial cost per unit of $290 and an expected learning rate of 0.7. Estimate the producing 25 unit using this product

4.A process has an initial cost per unit of $290 and an expected learning rate of 0.7. Estimate the producing 25 unit using this product ?

5. A firm employs an average of 8,000 workers. Each year, the firm must hire 600 new workers. what is the average employee tenure ( in year)

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