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A firm has an original ATC of $1.2 million mainly consisting of R&D costs. The firm wants to estimate doubling time for its market and

A firm has an original ATC of $1.2 million mainly consisting of R&D costs. The firm wants to estimate doubling time for its market and anticipates growth rates of 8% - 9%. Fill in the following below.

A. Market Growth Rate, Doubling Time in Years, ATC After the Market Doubles 90% EC

B. Market Growth Rate, Doubling Time in Years, ATC After the Market Doubles 80% EC

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