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Market Products,Inc Required:
(A

question 10

Essay

Market Products,Inc. ,has found that new products follow a learning curve.The first two units have been completed with the following results:
 Units Procuced  Marginal Labor Time 1250.002225.00\begin{array} { | l | r | } \hline \text { Units Procuced } & \text { Marginal Labor Time } \\\hline 1 & 250.00 \\\hline 2 & 225.00 \\\hline\end{array}

Required:
(a. )How much time will be needed to complete the 4th unit?
(b. )How much time will be needed to complete the 8th unit?
(c. )How much time will be needed to complete the 16th unit?


Definitions:

Habitual

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