The price per bit is 100 millicents when the volume is 7


Central Electronics Corp. produces semiconductors and has a learning curve of .7.

The price per bit is 100 millicents when the volume is .7 × 10 12 bits. What is the expected price at 1.4 × 10 12 bits?

What is the expected price at 89.6 × 10 12 bits?

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Business Management: The price per bit is 100 millicents when the volume is 7
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