A learning curve is a function
A)that measures the decline in labour-hours per unit due to workers becoming better at a job.
B)that increases at a greater rate as workers become more familiar with their tasks.
C)where unit costs increase as productivity increases.
D)that is linear.
E)that measures productivity improvements from new technology.

Question

Quizplus · Accepted Answer

A learning curve is a function that measures the decline in labour-hours per unit due to workers becoming better at a job. As workers become more skilled and experienced, they are able to produce more output with the same amount of labour-hours, leading to a decrease in unit costs.

A Learning Curve Is a Function