Question

A company can produce a small lot of products the first time at a cost of $2,000. If their 85 percent learning curve allows them to reduce their costs on each lot, what is the total cost of producing 5 lots?
A. $10,000.00
B. $9,376.50
C. $8,062.00
D. $4,031.00
E. $1,191.20

Answer

This answer is hidden. It contains 1 characters.