What is the current market demand for Valiant running shoes if its market development index is 64 and its market potential is 480 million?

A) 1333.3 million
B) 307.2 million
C) 750 million
D) 172.8 million
E) 721.8 million

B

Business

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The conventional functional relationship assumed in experience curve economics is that unit costs are an increasing function of accumulated experience, or production volume

Indicate whether the statement is true or false

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