Question: Consider a process that makes high-end boards that get mounted on skateboards. The process starts with a unit cost of $22 for the first unit,

Consider a process that makes high-end boards that get mounted on

Consider a process that makes high-end boards that get mounted on skateboards. The process starts with a unit cost of $22 for the first unit, i.e., c(1)=22, and has a learning rate of LR=0.78. (Round your answer in 5 decimal places.) What will be the unit cost for the 150th unit? unit cost

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