Question: Consider a process that makes high-end boards that get mounted on skateboards. The process starts with a unit cost of $18 for the first unit,

Consider a process that makes high-end boards that get mounted on skateboards. The process starts with a unit cost of $18 for the first unit, i.e., c(1) = 18, and has a learning rate of LR = 0.91.

What will be the unit cost for the 140th unit?

Note: Round your answer in 5 decimal places.

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