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A painting operation is performed by a production worker at a labor cost of $1.40 per unit. A robot spray-painting machine, costing $15000 would reduce the labor cost to $0.20 per unit. If the device would be valueless at the end of three years, what is the minimum number of units that would have to per painted each year to justify the purchase of the robot machine?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91226734

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