Assume an 80% Learning Curve and That the First Unit

question 20

Multiple Choice

Assume an 80% learning curve and that the first unit takes 6 hours. How long does it take to produce the second unit? Use the following values as needed to respond:
Ln(95%) / ln(2) = -0.074
Ln(90%) / ln(2) = -0.152
Ln(85%) / ln(2) = -0.234
Ln(80%) / ln(2) = -0.322
Ln(75%) / ln(2) = -0.415
Ln(70%) / ln(2) = -0.515

• A)4)1 hours
• B)3)6 hours
• C)4)8 hours
• D)Some other amount

Comprehend the enforceability of covenants not to compete and exculpatory clauses.

Identify the circumstances under which contracts can be considered unconscionable or void/voidable.

Analyze the legal ramifications of misrepresentation in contract formation.

Understand the legal requirements and consequences surrounding licensing for professional practice.

---

Definitions:

Balance of Payments

A record of all transactions made between entities in one country and the rest of the world over a specific period of time.

Current Account

A segment of a nation's balance of payments that tracks the exchange of goods and services, net income from investments, and transfer payments.

Capital Account

A national account that shows the net change in asset ownership for a nation, reflecting movements of financial capital and tangible capital into and out of the country.

Current Account

A component of a country's balance of payments that measures the trade of goods and services, along with earnings on foreign investments minus payments made to foreign investors.