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A learning curve of 80% assumes that direct labor costs are reduced by 20% for each doubling of output. What is the incremental cost of 16th unit produced as an approx. % of the first unit produced?
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Emerge Management Training Center: A learning curve of 80% assumes that direct labor costs are reduced by 20% for each doubling of output. What is the incremental cost of 16th unit produced as an approx. % of the first unit produced?
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