A product was priced assuming an 80% learning rate. How much extra labor (in $) will be required on the 4^th product if the learning rate is actually 90%? Assume that labor costs $10/hour and the first unit cost $100 to produce.

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The Answer of A product was priced assuming an 80% learning rate. How much extra labor (in $) will be required on the 4^th product if the learning rate is actually 90%? Assume that labor costs $10/hour and the first unit cost $100 to produce.

A Product Was Priced Assuming an 80% Learning Rate