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Business, 30.10.2021 01:00 ponylover9655

It took MegaTech, Inc., 100,000 labor-hours to produce the first of several oil-drilling rigs for Antarctic exploration. Your company, Natural Resources, Inc., has agreed to purchase the fifth (steady-state) oil-drilling rig from their manufacturing yard. Assume that MegaTech experiences a learning rate of 80%. At a labor rate of $35 per hour, what should you, as the purchasing agent expect to pay for the fifth unit

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It took MegaTech, Inc., 100,000 labor-hours to produce the first of several oil-drilling rigs for An...

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