Question: At a certain output level, the per-unit cost incurred by a firm to manufacture a product was $70. Once the cumulative output doubled, the cost

At a certain output level, the per-unit cost
At a certain output level, the per-unit cost incurred by a firm to manufacture a product was $70. Once the cumulative output doubled, the cost per unit reduced to $63. All other factors remaining constant, the firm has been able to achieve aan) O 80 percent learning curve. O 90 percent learning curve. O 60 percent learning curve. O 54 percent learning curve

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