An experience curve
A)is a narrower application of the learning curve.
B)measures the decline in cost per unit as production decreases for various value-chain functions such as marketing as production increases.
C)only measures the decline in labour-hours per unit as units produced increases.
D)measures the increase in cost per unit as productivity increases.
E)measures the increase in labour-hours per unit as units produced increases.

Question

Quizplus · Accepted Answer

The Answer of An experience curve
A)is a narrower application of the learning curve.
B)measures the decline in cost per unit as production decreases for various value-chain functions such as marketing as production increases.
C)only measures the decline in labour-hours per unit as units produced increases.
D)measures the increase in cost per unit as productivity increases.
E)measures the increase in labour-hours per unit as units produced increases.

An Experience Curve