Question: Given a 75% experience curve, if unit cost is $36 with cumulative production of 400,000, what will it be when cumulative production doubles to 800,000
Given a 75% experience curve, if unit cost is $36 with cumulative production of 400,000, what will it be when cumulative production doubles to 800,000 units? (The numbers in this question do not exactly match those in the case, but they are similar.)
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