4. Learning Curves... Learning curves: every time you double production, your costs decrease by 50%. The first unit costs you $64 to produce. On a project for 4 units, what is your break-even price? You can win another project for 2 more units. What is your break-even price for those units? V

4. Learning Curves... Learning curves: every time you double production, your costs decrease by 50%. The first unit costs you $64 to produce. On a project for 4 units, what is your break-even price? You can win another project for 2 more units. What is your break-even price for those units? V

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter7: Economies Of Scale And Scope

Section: Chapter Questions

Problem 7.5IP

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4. Learning Curves... Learning curves: every time you double production, your costs decrease by 50%.
The first unit costs you $64 to produce. On a project for 4 units, what is your break-even price?
You can win another project for 2 more units.
What is your break-even price for those units?
IF

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