The Fourth Unit of Production Took 9 Hours

question 94

Multiple Choice

The fourth unit of production took 9 hours. If the learning curve is 90%, how long did the first unit take?

• A) 9.0 hours
• B) 10.0 hours
• C) 11.1 hours
• D) 8.5 hours
• E) 32.0 hours

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Definitions:

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability protection of a corporation.

Partnership

An association of two or more persons to carry on a business for profit.

Corporation

A legal entity recognized by law, distinct from its owners, with rights to own property, sue, and be sued.

De Jure Corporation

A corporation that is legally incorporated and recognized by the state as existing in accordance with law.