A company can produce a product the first time at a cost of $2,500.If its 85 percent learning curve allows the company to reduce its costs on each product, what is the total cost of producing 400 units of the new product? _________________

Question

Quizplus · Accepted Answer

The Answer of A company can produce a product the first time at a cost of $2,500.If its 85 percent learning curve allows the company to reduce its costs on each product, what is the total cost of producing 400 units of the new product? _________________

A Company Can Produce a Product the First Time at a Cost