E.16 Central Electronics Corp. produces semiconductors and has a learning curve of .7. The price per bit
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• • E.16 Central Electronics Corp. produces semiconductors and has a learning curve of .7. The price per bit is 100 millicents when the volume is .7 × 1012 bits. What is the expected price at 1.4 × 1012 bits? What is the expected price at 89.6 × 1012 bits?
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