What will be the average cost of producing the watch

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Reference no: EM13151458

Suppose that the learning effect coefficient in the production of wrist watches is -0.2. If the average cost of producing the first watch is $100, what will be the average cost of producing the 40^th watch?

Reference no: EM13151458

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What will be the average cost of producing the watch : Suppose that the learning effect coefficient in the production of wrist watches is -0.2. If the average cost of producing the first watch is $100, what will be the average cost of producing the 40 th watch?

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