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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

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%.

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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