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Bachmann Products, Incorporated, has found that new products follow a learning curve. The first two units have been completed with the following results: Units Produced

Bachmann Products, Incorporated, has found that new products follow a learning curve. The first two units have been completed with the following results:

Units Produced Marginal Labor Time
1 80.00
2 68.00

How much time will be needed to complete the 8th unit?

Multiple Choice

74.00 hours.

57.80 hours.

56.00 hours.

49.13 hours.

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