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Business, 08.11.2019 20:31 alananicoleee

It took megatech, inc. 100,000 labor-hours to produce the first of several oil-drilling rigs for antarctic exploration. your company, natural resources, inc., has agreed to purchase the fifth (steady state) oil-drilling rig from megatech’s manufacturing yard. assume that megatech experiences a learning rate of 80%. at a labor rate of $35 per hour, what should you, as the purchasing agent, expect to pay for the fifth unit?

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