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Business, 06.12.2019 04:31 tionnewilliams21

Afirm has determined, from past experience, that the learning curve for a new electronic component has a log-linear form with a slope coefficient of –0.10. what is the predicted short-run average variable cost after 10,000 units of a new product have been produced? the beginning short-run average total cost of the product is expected to be $1,000.
a. $398
b. $1,000,000
c. $10,000,000
d. none of the above is correct.

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Afirm has determined, from past experience, that the learning curve for a new electronic component h...
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