In class, we heard that the cost per unit drops as the company gets more experience manufacturing the product. In general, about how much does unit cost drop as the company doubles its production?
a.
10%
b.
15%
c.
20%
d.
25%
e.
30%
Answer: 15%
Marketing MCQ
Marketing
In class, we heard that the cost per unit drops as the company gets more experience manufacturing the product. In general, about how much does unit cost drop as the company doubles its production?