Find breakeven price for request for proposal on a project


Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by one unit, your costs decrease by $6. The first unit costs you $64 to product. If you receive a request for proposal (RFP) on a project for four units, what is your breakeven price?

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Microeconomics: Find breakeven price for request for proposal on a project
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