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Based on the product cost, if we were to use a licensing agreement, how much money would we receive for each unit the Chinese company produces?

User Mabell
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Final answer:

The amount of money the Chinese company would receive for each unit produced under a licensing agreement depends on the specific terms of the agreement.

Step-by-step explanation:

In order to determine how much money the licensing agreement would provide for each unit the Chinese company produces, we would need to know the details of the agreement, such as the royalty rate or percentage of the product cost that the Chinese company would pay to the original innovators.

Without this information, it is not possible to calculate the precise amount of money the Chinese company would pay for each unit produced.

User Tom Mulcahy
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