LeAnn's Telecommunication firm long-run cost curve is: where q is the number of units produced and A is the time in months that LeAnn's manager has spent on the job.What happens to production costs as the manager gains more experience on the job? Is this experience-effect common in production processes?

Question

LeAnn's Telecommunication firm long-run cost curve is:  where q is the number of units produced and A is the time in months that LeAnn's manager has spent on the job.What happens to production costs as the manager gains more experience on the job? Is this experience-effect common in production processes?

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The Answer of LeAnn's Telecommunication firm long-run cost curve is:  where q is the number of units produced and A is the time in months that LeAnn's manager has spent on the job.What happens to production costs as the manager gains more experience on the job? Is this experience-effect common in production processes?

LeAnn's Telecommunication Firm Long-Run Cost Curve Is: Where Q